Is Acadian Asset Management Inc. (AAMI) Stock Outpacing Its Finance Peers This Year?

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Acadian Asset Management (AAMI) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Acadian Asset Management is a member of the Finance sector. This group includes 870 individual stocks and currently holds a Zacks Sector Rank of #4. 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Acadian Asset Management is currently sporting a Zacks Rank of #1 (Strong Buy).The Zacks Consensus Estimate for AAMI's full-year earnings has moved 17% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.Based on the most recent data, AAMI has returned 82.8% so far this year. In comparison, Finance companies have returned an average of 14.6%. This means that Acadian Asset Management is performing better than its sector in terms of year-to-date returns.One other Finance stock that has outperformed the sector so far this year is Citigroup (C). The stock is up 44.2% year-to-date.For Citigroup, the consensus EPS estimate for the current year has increased 4.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Acadian Asset Management belongs to the Financial - Miscellaneous Services industry, which includes 103 individual stocks and currently sits at #72 in the Zacks Industry Rank. Stocks in this group have gained about 5.2% so far this year, so AAMI is performing better this group in terms of year-to-date returns. In contrast, Citigroup falls under the Financial - Investment Bank industry. Currently, this industry has 21 stocks and is ranked #29. Since the beginning of the year, the industry has moved +30.7%.Investors interested in the Finance sector may want to keep a close eye on Acadian Asset Management and Citigroup as they attempt to continue their solid performance.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.See "2nd Wave" AI stocks 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 Acadian Asset Management Inc. (AAMI): Free Stock Analysis Report Citigroup Inc. (C): 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