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Are Retail-Wholesale Stocks Lagging PC Connection (CNXN) This Year?
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The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. PC Connection (CNXN - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
PC Connection is a member of the Retail-Wholesale sector. This group includes 187 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. PC Connection is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for CNXN's full-year earnings has moved 6.4% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, CNXN has moved about 36% on a year-to-date basis. Meanwhile, the Retail-Wholesale sector has returned an average of 4% on a year-to-date basis. This means that PC Connection is performing better than its sector in terms of year-to-date returns.
Five Below (FIVE - Free Report) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 26.7%.
The consensus estimate for Five Below's current year EPS has increased 11.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, PC Connection belongs to the Retail - Computer Hardware industry, a group that includes 1 individual stocks and currently sits at #1 in the Zacks Industry Rank. Stocks in this group have gained about 36% so far this year, so CNXN is performing on par this group in terms of year-to-date returns.
In contrast, Five Below falls under the Retail - Miscellaneous industry. Currently, this industry has 13 stocks and is ranked #99. Since the beginning of the year, the industry has moved -12.4%.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on PC Connection and Five Below as they attempt to continue their solid performance.
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Are Retail-Wholesale Stocks Lagging PC Connection (CNXN) This Year?
The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. PC Connection (CNXN - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
PC Connection is a member of the Retail-Wholesale sector. This group includes 187 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. PC Connection is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for CNXN's full-year earnings has moved 6.4% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, CNXN has moved about 36% on a year-to-date basis. Meanwhile, the Retail-Wholesale sector has returned an average of 4% on a year-to-date basis. This means that PC Connection is performing better than its sector in terms of year-to-date returns.
Five Below (FIVE - Free Report) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 26.7%.
The consensus estimate for Five Below's current year EPS has increased 11.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, PC Connection belongs to the Retail - Computer Hardware industry, a group that includes 1 individual stocks and currently sits at #1 in the Zacks Industry Rank. Stocks in this group have gained about 36% so far this year, so CNXN is performing on par this group in terms of year-to-date returns.
In contrast, Five Below falls under the Retail - Miscellaneous industry. Currently, this industry has 13 stocks and is ranked #99. Since the beginning of the year, the industry has moved -12.4%.
Investors interested in the Retail-Wholesale sector may want to keep a close eye on PC Connection and Five Below as they attempt to continue their solid performance.