Is Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) Stock Outpacing Its Consumer Discretionary Peers This Year?

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Is Atour Lifestyle Holdings Limited Sponsored ADR (ATAT) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Discretionary sector should help us answer this question.Atour Lifestyle Holdings Limited Sponsored ADR is one of 254 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.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. Atour Lifestyle Holdings Limited Sponsored ADR is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for ATAT's full-year earnings has moved 3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.According to our latest data, ATAT has moved about 34.7% on a year-to-date basis. In comparison, Consumer Discretionary companies have returned an average of 11.8%. This means that Atour Lifestyle Holdings Limited Sponsored ADR is performing better than its sector in terms of year-to-date returns.Saga Communications (SGA) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 21.7%.The consensus estimate for Saga Communications' current year EPS has increased 269.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).To break things down more, Atour Lifestyle Holdings Limited Sponsored ADR belongs to the Leisure and Recreation Services industry, a group that includes 29 individual companies and currently sits at #71 in the Zacks Industry Rank. On average, this group has gained an average of 9% so far this year, meaning that ATAT is performing better in terms of year-to-date returns. On the other hand, Saga Communications belongs to the Broadcast Radio and Television industry. This 18-stock industry is currently ranked #152. The industry has moved +33.5% year to date.Atour Lifestyle Holdings Limited Sponsored ADR and Saga Communications could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.Higher. Faster. Sooner. Buy These Stocks NowA small number of stocks are primed for a breakout, and you have a chance to get in before they take off.At any given time, there are only 220 Zacks Rank #1 Strong Buys. On average, this list more than doubles the S&P 500. We’ve combed through the latest Strong Buys and selected 7 compelling companies likely to jump sooner and climb higher than any other stock you could buy this month.You'll learn everything you need to know about these exciting trades in our brand-new Special Report, 7 Best Stocks for the Next 30 Days.Download the report free 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 Atour Lifestyle Holdings Limited Sponsored ADR (ATAT): Free Stock Analysis Report Saga Communications, Inc. (SGA): 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