Amazon (AMZN) and Groupon are outperforming in Retail-Wholesale sector, worth watching

From Nasdaq: 2024-07-19 09:40:09

Investors interested in Retail-Wholesale stocks should note Amazon’s performance this year compared to peers. Amazon is ranked #11 in the Zacks Sector Rank, with a Zacks Rank of #1 (Strong Buy). The stock has gained 20.9% this year, outperforming the sector. Groupon is another outperformer, up 31.9%.

Groupon also has a Zacks Rank #1 (Strong Buy) and an EPS estimate increase of 106.5% for the current year. Amazon and Groupon belong to the Internet – Commerce industry, with Amazon leading in year-to-date returns. Both stocks are worth watching for further performance in Retail-Wholesale sector.

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Read more at Nasdaq: Are Retail-Wholesale Stocks Lagging Amazon.com (AMZN) This Year?