For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Amazon.com (AMZN - 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? One simple way to answer this question is to take a look at the year-to-date performance of AMZN and the rest of the Retail-Wholesale group's stocks.
Amazon.com is a member of the Retail-Wholesale sector. This group includes 215 individual stocks and currently holds a Zacks Sector Rank of #6. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. AMZN is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for AMZN's full-year earnings has moved 49.95% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, AMZN has gained about 47.95% so far this year. At the same time, Retail-Wholesale stocks have gained an average of 13.78%. This means that Amazon.com is performing better than its sector in terms of year-to-date returns.
Looking more specifically, AMZN belongs to the Internet - Commerce industry, which includes 25 individual stocks and currently sits at #103 in the Zacks Industry Rank. On average, stocks in this group have gained 29.76% this year, meaning that AMZN is performing better in terms of year-to-date returns.
AMZN will likely be looking to continue its solid performance, so investors interested Retail-Wholesale stocks should continue to pay close attention to the company.