Has Wal-Mart de Mexico SAB de CV (WMMVY) Outpaced Other Retail-Wholesale Stocks This Year?
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is Wal-Mart de Mexico SAB de CV (WMMVY) 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.
Wal-Mart de Mexico SAB de CV is a member of our Retail-Wholesale group, which includes 214 different companies and currently sits at #2 in the Zacks Sector Rank. 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. WMMVY is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for WMMVY’s full-year earnings has moved 7.07% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, WMMVY has gained about 18.39% so far this year. Meanwhile, the Retail-Wholesale sector has returned an average of 14.65% on a year-to-date basis. As we can see, Wal-Mart de Mexico SAB de CV is performing better than its sector in the calendar year.
Looking more specifically, WMMVY belongs to the Retail – Supermarkets industry, which includes 10 individual stocks and currently sits at #226 in the Zacks Industry Rank. Stocks in this group have lost about 7.45% so far this year, so WMMVY is performing better this group in terms of year-to-date returns.
Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to WMMVY as it looks to continue its solid performance.
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