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Is Conn's (CONN) Outperforming Other Retail-Wholesale Stocks This Year?

Zacks Equity Research
Updated
Tilly's (TLYS) closed the most recent trading day at $16.18, moving -0.98% from the previous trading session.

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Conn's (CONN) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Retail-Wholesale peers, we might be able to answer that question.

Conn's is one of 214 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. 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. CONN is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for CONN's full-year earnings has moved 0.11% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

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Based on the latest available data, CONN has gained about 5.49% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 14.12% on average. This means that Conn's is outperforming the sector as a whole this year.

Looking more specifically, CONN belongs to the Retail - Consumer Electronics industry, a group that includes 5 individual stocks and currently sits at #47 in the Zacks Industry Rank. On average, this group has gained an average of 9.60% so far this year, meaning that CONN is slightly underperforming its industry in terms of year-to-date returns.

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


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