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Is Alibaba Group Holding (BABA) Outperforming Other Retail-Wholesale Stocks This Year?

Zacks Equity Research

Investors focused on the Retail-Wholesale space have likely heard of Alibaba Group Holding (BABA), but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Alibaba Group Holding is one of 224 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #4 in 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 is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. BABA is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for BABA's full-year earnings has moved 8.15% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

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Our latest available data shows that BABA has returned about 21.78% since the start of the calendar year. Meanwhile, the Retail-Wholesale sector has returned an average of 20.62% on a year-to-date basis. This means that Alibaba Group Holding is performing better than its sector in terms of year-to-date returns.

To break things down more, BABA belongs to the Internet - Commerce industry, a group that includes 28 individual companies and currently sits at #36 in the Zacks Industry Rank. This group has gained an average of 27.06% so far this year, so BABA is slightly underperforming its industry in this area.

Investors in the Retail-Wholesale sector will want to keep a close eye on BABA as it attempts to continue its solid performance.


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