Alibaba (BABA) outperforms Retail-Wholesale sector with 45.5% gain, worth monitoring.
From Nasdaq: 2024-10-02 09:40:10
Investors are comparing Alibaba’s year-to-date performance to the Retail-Wholesale sector. With a Zacks Rank of #2 (Buy), the stock has gained 45.5% this year, outperforming the sector. Similarly, Texas Roadhouse, another stock in the sector, has returned 45%. These stocks are worth monitoring for continued strong performance.
Experts have identified 7 elite stocks, including Alibaba and Texas Roadhouse, as the “Most Likely for Early Price Pops.” Since 1988, these stocks have beaten the market with an average yearly gain of +23.7%. Investors should pay attention to these hand-picked stocks for potential growth opportunities.
Read more at Nasdaq: Are Retail-Wholesale Stocks Lagging Alibaba (BABA) This Year?