Is Allianz (ALIZY) 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. Allianz SE (ALIZY) 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? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Allianz SE is one of 858 individual stocks in the Finance sector. Collectively, these companies sit at #5 in the Zacks Sector Rank. 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Allianz SE is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past three months, the Zacks Consensus Estimate for ALIZY's full-year earnings has moved 9.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the most recent data, ALIZY has returned 37.5% so far this year. At the same time, Finance stocks have gained an average of 2.5%. This means that Allianz SE is performing better than its sector in terms of year-to-date returns.Another stock in the Finance sector, Berkeley Group Holdings PLC Unsponsored ADR (BKGFY), has outperformed the sector so far this year. The stock's year-to-date return is 15.6%.The consensus estimate for Berkeley Group Holdings PLC Unsponsored ADR's current year EPS has increased 1.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Allianz SE belongs to the Insurance - Multi line industry, which includes 41 individual stocks and currently sits at #63 in the Zacks Industry Rank. On average, this group has gained an average of 2.8% so far this year, meaning that ALIZY is performing better in terms of year-to-date returns.On the other hand, Berkeley Group Holdings PLC Unsponsored ADR belongs to the Real Estate - Development industry. This 8-stock industry is currently ranked #206. The industry has moved -10.3% year to date.Investors interested in the Finance sector may want to keep a close eye on Allianz SE and Berkeley Group Holdings PLC Unsponsored ADR as they attempt to continue their solid performance.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant 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 Allianz SE (ALIZY): Free Stock Analysis Report Berkeley Group Holdings PLC Unsponsored ADR (BKGFY): 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