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

Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. Is JD.com (JD) one of those stocks right now? 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 includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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 #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for JD's full-year earnings has moved 132.26% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Our latest available data shows that JD has returned about 39.18% since the start of the calendar year. Meanwhile, stocks in the Retail-Wholesale group have gained about 19.68% on average. This shows that JD.com is outperforming its peers so far this year.

Looking more specifically, JD belongs to the Internet - Commerce industry, a group that includes 28 individual stocks and currently sits at #174 in the Zacks Industry Rank. This group has gained an average of 29.15% so far this year, so JD is performing better in this area.

Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to JD as it looks to continue its solid performance.


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