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Is JD.com (JD) Stock Outpacing Its Retail-Wholesale Peers This Year?

Zacks Equity Research

Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has JD.com (JD) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

JD.com is a member of the Retail-Wholesale sector. This group includes 224 individual stocks and currently holds a Zacks Sector Rank of #5. 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 model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. JD is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for JD's full-year earnings has moved 50.98% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

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Our latest available data shows that JD has returned about 47.35% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 22.09% on a year-to-date basis. This means that JD.com is performing better than its sector in terms of year-to-date returns.

Looking more specifically, JD belongs to the Internet - Commerce industry, which includes 28 individual stocks and currently sits at #149 in the Zacks Industry Rank. This group has gained an average of 24.90% so far this year, so JD is performing better in this area.

Investors with an interest in Retail-Wholesale stocks should continue to track JD. The stock will be looking to continue its solid performance.


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