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Is Amazon.com (AMZN) Outperforming Other Retail-Wholesale Stocks This Year?

Zacks Equity Research

Investors focused on the Retail-Wholesale space have likely heard of Amazon.com (AMZN), but is the stock performing well in comparison to the rest of its sector peers? 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 223 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #12 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. AMZN is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for AMZN's full-year earnings has moved 1.08% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

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According to our latest data, AMZN has moved about 23.95% on a year-to-date basis. At the same time, Retail-Wholesale stocks have gained an average of 18.19%. 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, a group that includes 28 individual stocks and currently sits at #174 in the Zacks Industry Rank. On average, stocks in this group have gained 26.47% this year, meaning that AMZN is slightly underperforming its industry in terms of year-to-date returns.

AMZN will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.


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Zacks Investment Research