Is Fox (FOXA) 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 Fox (FOXA) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Consumer Discretionary peers, we might be able to answer that question.Fox is a member of the Consumer Discretionary sector. This group includes 255 individual stocks and currently holds a Zacks Sector Rank of #11. 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 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. Fox is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for FOXA's full-year earnings has moved 3% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Based on the latest available data, FOXA has gained about 14.9% so far this year. At the same time, Consumer Discretionary stocks have gained an average of 5.4%. This means that Fox is performing better than its sector in terms of year-to-date returns.Adtalem Global Education (ATGE) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 42.8%.The consensus estimate for Adtalem Global Education's current year EPS has increased 5.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).To break things down more, Fox belongs to the Broadcast Radio and Television industry, a group that includes 19 individual companies and currently sits at #69 in the Zacks Industry Rank. This group has gained an average of 25.1% so far this year, so FOXA is slightly underperforming its industry in this area.On the other hand, Adtalem Global Education belongs to the Schools industry. This 17-stock industry is currently ranked #22. The industry has moved +8.2% year to date.Fox and Adtalem Global Education could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See 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 Fox Corporation (FOXA): Free Stock Analysis Report Adtalem Global Education Inc. (ATGE): 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