Has The TJX Companies (TJX) Outpaced Other Retail-Wholesale Stocks This Year?

For those looking to find strong Retail-Wholesale stocks, it is prudent to search for companies in the group that are outperforming their peers. TJX (TJX) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.TJX is a member of the Retail-Wholesale sector. This group includes 202 individual stocks and currently holds a Zacks Sector Rank of #10. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.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. TJX is currently sporting a Zacks Rank of #2 (Buy).The Zacks Consensus Estimate for TJX's full-year earnings has moved 2.5% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the most recent data, TJX has returned 12.2% so far this year. Meanwhile, stocks in the Retail-Wholesale group have gained about 8.1% on average. This means that TJX is outperforming the sector as a whole this year.Another stock in the Retail-Wholesale sector, Ulta Beauty (ULTA), has outperformed the sector so far this year. The stock's year-to-date return is 20.6%.The consensus estimate for Ulta Beauty's current year EPS has increased 2.6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, TJX belongs to the Retail - Discount Stores industry, a group that includes 8 individual stocks and currently sits at #101 in the Zacks Industry Rank. On average, this group has gained an average of 3.9% so far this year, meaning that TJX is performing better in terms of year-to-date returns. In contrast, Ulta Beauty falls under the Retail - Miscellaneous industry. Currently, this industry has 16 stocks and is ranked #72. Since the beginning of the year, the industry has moved +11%.Investors with an interest in Retail-Wholesale stocks should continue to track TJX and Ulta Beauty. These stocks will be looking 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 The TJX Companies, Inc. (TJX): Free Stock Analysis Report Ulta Beauty Inc. (ULTA): 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