Are Business Services Stocks Lagging GDS Holdings (GDS) This Year?

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Is GDS Holdings (GDS) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.GDS Holdings is a member of the Business Services sector. This group includes 255 individual stocks and currently holds a Zacks Sector Rank of #7. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. GDS Holdings is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past three months, the Zacks Consensus Estimate for GDS' full-year earnings has moved 74.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.According to our latest data, GDS has moved about 42.8% on a year-to-date basis. Meanwhile, stocks in the Business Services group have gained about 0.5% on average. As we can see, GDS Holdings is performing better than its sector in the calendar year.Another stock in the Business Services sector, Mirion Technologies, Inc. (MIR), has outperformed the sector so far this year. The stock's year-to-date return is 26.8%.Over the past three months, Mirion Technologies, Inc.'s consensus EPS estimate for the current year has increased 5%. The stock currently has a Zacks Rank #2 (Buy).Breaking things down more, GDS Holdings is a member of the Technology Services industry, which includes 119 individual companies and currently sits at #91 in the Zacks Industry Rank. Stocks in this group have gained about 19.8% so far this year, so GDS is performing better this group in terms of year-to-date returns. Mirion Technologies, Inc. is also part of the same industry.Investors interested in the Business Services sector may want to keep a close eye on GDS Holdings and Mirion Technologies, Inc. as they attempt to continue their solid performance.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GDS Holdings (GDS): Free Stock Analysis Report Mirion Technologies, Inc. (MIR): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks