Investors focused on the Retail-Wholesale space have likely heard of JD.com (JD), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Retail-Wholesale sector should help us answer this question.
JD.com is a member of the Retail-Wholesale sector. This group includes 223 individual stocks and currently holds a Zacks Sector Rank of #8. 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 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. JD is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for JD's full-year earnings has moved 75.61% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that JD has returned about 44.15% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 16.81% on average. This means that JD.com is outperforming the sector as a whole this year.
Looking more specifically, JD belongs to the Internet - Commerce industry, which includes 28 individual stocks and currently sits at #208 in the Zacks Industry Rank. On average, stocks in this group have gained 25.79% this year, meaning that JD is performing better in terms of year-to-date returns.
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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