Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Baozun (BZUN - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Baozun is a member of the Computer and Technology sector. This group includes 641 individual stocks and currently holds a Zacks Sector Rank of #6. 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. BZUN is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for BZUN's full-year earnings has moved 2.52% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, BZUN has gained about 46.76% so far this year. At the same time, Computer and Technology stocks have gained an average of 20.73%. This means that Baozun is performing better than its sector in terms of year-to-date returns.
Breaking things down more, BZUN is a member of the Computers - IT Services industry, which includes 28 individual companies and currently sits at #62 in the Zacks Industry Rank. Stocks in this group have gained about 26.36% so far this year, so BZUN is performing better this group in terms of year-to-date returns.
Investors with an interest in Computer and Technology stocks should continue to track BZUN. The stock will be looking to continue its solid performance.