Are Consumer Staples Stocks Lagging Danone (DANOY) This Year?

The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Danone (DANOY) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Danone is a member of our Consumer Staples group, which includes 178 different companies and currently sits at #13 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 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. Danone is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for DANOY's full-year earnings has moved 4.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Based on the most recent data, DANOY has returned 17.6% so far this year. Meanwhile, stocks in the Consumer Staples group have gained about 4.6% on average. As we can see, Danone is performing better than its sector in the calendar year.One other Consumer Staples stock that has outperformed the sector so far this year is Heineken NV (HEINY). The stock is up 24.4% year-to-date.In Heineken NV's case, the consensus EPS estimate for the current year increased 1.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).To break things down more, Danone belongs to the Food - Miscellaneous industry, a group that includes 42 individual companies and currently sits at #164 in the Zacks Industry Rank. Stocks in this group have lost about 4.5% so far this year, so DANOY is performing better this group in terms of year-to-date returns. On the other hand, Heineken NV belongs to the Beverages - Alcohol industry. This 15-stock industry is currently ranked #166. The industry has moved +1.8% year to date.Going forward, investors interested in Consumer Staples stocks should continue to pay close attention to Danone and Heineken NV as they could maintain their solid performance.Zacks' Research Chief Picks Stock Most Likely to "At Least Double"Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.See Our Top Stock to Double (Plus 4 Runners Up) >>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 Danone (DANOY): Free Stock Analysis Report Heineken NV (HEINY): 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