Is Amer Sports, Inc. (AS) Stock Outpacing Its Consumer Discretionary Peers This Year?

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Amer Sports, Inc. (AS) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Amer Sports, Inc. is one of 264 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. 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 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. Amer Sports, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past 90 days, the Zacks Consensus Estimate for AS' full-year earnings has moved 9.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the latest available data, AS has gained about 10.4% so far this year. In comparison, Consumer Discretionary companies have returned an average of 9.2%. This means that Amer Sports, Inc. is outperforming the sector as a whole this year.Dunelm Group (DNLMY) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 10.7%.The consensus estimate for Dunelm Group's current year EPS has increased 2.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Amer Sports, Inc. belongs to the Leisure and Recreation Products industry, which includes 24 individual stocks and currently sits at #89 in the Zacks Industry Rank. In contrast, Dunelm Group falls under the Textile - Home Furnishing industry. Currently, this industry has 4 stocks and is ranked #96. Since the beginning of the year, the industry has moved +7.3%.Amer Sports, Inc. and Dunelm Group could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.Download Atomic Opportunity: Nuclear Energy's Comeback free today.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 Amer Sports, Inc. (AS): Free Stock Analysis Report Dunelm Group (DNLMY): 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