Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. 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 one of 214 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #8 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. AMZN is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for AMZN's full-year earnings has moved 39.47% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that AMZN has returned about 70.16% since the start of the calendar year. In comparison, Retail-Wholesale companies have returned an average of 18.94%. This shows that Amazon.com is outperforming its peers so far this year.
To break things down more, AMZN belongs to the Internet - Commerce industry, a group that includes 25 individual companies and currently sits at #192 in the Zacks Industry Rank. This group has gained an average of 32.81% so far this year, so AMZN is performing better in this area.
Investors in the Retail-Wholesale sector will want to keep a close eye on AMZN as it attempts to continue its solid performance.