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Is Walmart (WMT) Outperforming Other Retail-Wholesale Stocks This Year?

Zacks

Investors focused on the Retail-Wholesale space have likely heard of Walmart (WMT), 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.

Walmart is one of 218 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

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. WMT is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for WMT’s full-year earnings has moved 0.91% higher. This signals that analyst sentiment is improving and the stock’s earnings outlook is more positive.


Based on the latest available data, WMT has gained about 5.72% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 11.76% on average. This shows that Walmart is outperforming its peers so far this year.

Looking more specifically, WMT belongs to the Retail – Supermarkets industry, a group that includes 11 individual stocks and currently sits at #23 in the Zacks Industry Rank. Stocks in this group have gained about 4.78% so far this year, so WMT is performing better this group in terms of year-to-date returns.

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


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