The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has TripAdvisor (TRIP) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
TripAdvisor is a member of our Retail-Wholesale group, which includes 218 different companies and currently sits at #6 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. TRIP is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for TRIP's full-year earnings has moved 0.70% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
According to our latest data, TRIP has moved about 9.75% on a year-to-date basis. At the same time, Retail-Wholesale stocks have gained an average of 8.30%. As we can see, TripAdvisor is performing better than its sector in the calendar year.
Breaking things down more, TRIP is a member of the Internet - Commerce industry, which includes 27 individual companies and currently sits at #158 in the Zacks Industry Rank. On average, this group has gained an average of 11.78% so far this year, meaning that TRIP is slightly underperforming its industry in terms of year-to-date returns.
TRIP will likely be looking to continue its solid performance, so investors interested in Retail-Wholesale stocks should continue to pay close attention to the company.
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