From Nasdaq: 2024-05-07 09:40:09

Finance stock BGC Group has outperformed peers, with a 21.2% year-to-date return compared to the sector’s 2.4%. With a Zacks Rank of #2 (Buy) and analysts increasing full-year earnings estimates, BGC shows promise. In contrast, Coinbase Global, Inc. has risen by 30.5% this year with a Zacks Rank #1 (Strong Buy).

Investors should watch BGC Group and Coinbase Global, Inc., as they continue to outperform their respective sectors. BGC belongs to the Financial – Investment Bank industry, ranking #20, while Coinbase falls under Securities and Exchanges, ranking #66. Both companies show strong year-to-date returns compared to their industries.

The market historically remains bullish during presidential election years, regardless of the party in power. Zacks offers a free report with 5 stocks poised for growth, catering to both Democrats and Republicans. Examples include a medical manufacturer with an 11,000% gain in 15 years and an energy powerhouse increasing dividends by 25%.

For more insights on BGC Group and Coinbase Global, Inc., investors can refer to Zacks Investment Research for free stock analysis reports. BGC Group has been performing well in comparison to its Finance peers, while Coinbase Global, Inc. shows strong growth potential with a Zacks Rank #1 (Strong Buy).

Read more at NASDAQ.: Is BGC Group, Inc. (BGC) Outperforming Other Finance Stocks This Year?