The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Amazon.com (AMZN - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.
Amazon.com is one of 226 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. 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 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 #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for AMZN's full-year earnings has moved 9.72% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, AMZN has gained about 14.92% so far this year. At the same time, Retail-Wholesale stocks have lost an average of 8.63%. This means that Amazon.com is outperforming the sector as a whole this year.
To break things down more, AMZN belongs to the Internet - Commerce industry, a group that includes 28 individual companies and currently sits at #183 in the Zacks Industry Rank. On average, this group has lost an average of 12.72% so far this year, meaning that AMZN is performing better in terms of year-to-date returns.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to AMZN as it looks to continue its solid performance.