Back to top

Image: Bigstock

Is Baozun (BZUN) Stock Outpacing Its Computer and Technology Peers This Year?

Read MoreHide Full Article

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. 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 one of 640 companies in the Computer and Technology group. The Computer and Technology group currently sits at #5 within the Zacks Sector Rank. 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. 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.

Our latest available data shows that BZUN has returned about 62.72% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 24.58% on average. As we can see, Baozun is performing better than its sector in the calendar year.

Breaking things down more, BZUN is a member of the Computers - IT Services industry, which includes 28 individual companies and currently sits at #69 in the Zacks Industry Rank. Stocks in this group have gained about 30.83% so far this year, so BZUN is performing better this group in terms of year-to-date returns.

Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to BZUN as it looks to continue its solid performance.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Baozun Inc. (BZUN) - free report >>

Published in