Is Credicorp (BAP) Stock Outpacing Its Finance Peers This Year?

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Credicorp (BAP) one of those stocks right now? 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.Credicorp is a member of our Finance group, which includes 865 different companies and currently sits at #1 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. Credicorp is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for BAP's full-year earnings has moved 3.9% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.According to our latest data, BAP has moved about 40.8% on a year-to-date basis. In comparison, Finance companies have returned an average of 14.6%. This means that Credicorp is outperforming the sector as a whole this year.Another Finance stock, which has outperformed the sector so far this year, is Popular (BPOP). The stock has returned 23.5% year-to-date.The consensus estimate for Popular's current year EPS has increased 3.6% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Looking more specifically, Credicorp belongs to the Banks - Foreign industry, a group that includes 67 individual stocks and currently sits at #60 in the Zacks Industry Rank. On average, stocks in this group have gained 44.4% this year, meaning that BAP is slightly underperforming its industry in terms of year-to-date returns. On the other hand, Popular belongs to the Banks - Southeast industry. This 56-stock industry is currently ranked #23. The industry has moved -0.5% year to date.Investors with an interest in Finance stocks should continue to track Credicorp and Popular. These stocks will be looking to continue their solid performance.Quantum Computing Stocks Set To SoarArtificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.Access 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 Credicorp Ltd. (BAP): Free Stock Analysis Report Popular, Inc. (BPOP): 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