Is Intercontinental Hotels Group (IHG) 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 InterContinental Hotels (IHG) 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.InterContinental Hotels is one of 266 individual stocks in the Consumer Discretionary sector. Collectively, these companies sit at #12 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 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. InterContinental Hotels is currently sporting a Zacks Rank of #2 (Buy).The Zacks Consensus Estimate for IHG's full-year earnings has moved 0.3% higher within the past quarter. This is a sign of improving analyst sentiment and a positive earnings outlook trend.Our latest available data shows that IHG has returned about 8% since the start of the calendar year. In comparison, Consumer Discretionary companies have returned an average of 2.2%. This shows that InterContinental Hotels is outperforming its peers so far this year.Another stock in the Consumer Discretionary sector, Adtalem Global Education (ATGE), has outperformed the sector so far this year. The stock's year-to-date return is 5.8%.The consensus estimate for Adtalem Global Education's current year EPS has increased 1.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, InterContinental Hotels belongs to the Hotels and Motels industry, a group that includes 16 individual stocks and currently sits at #165 in the Zacks Industry Rank. On average, this group has lost an average of 7% so far this year, meaning that IHG is performing better in terms of year-to-date returns. In contrast, Adtalem Global Education falls under the Schools industry. Currently, this industry has 19 stocks and is ranked #45. Since the beginning of the year, the industry has moved -5.1%.Going forward, investors interested in Consumer Discretionary stocks should continue to pay close attention to InterContinental Hotels and Adtalem Global Education as they could maintain 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 Intercontinental Hotels Group (IHG): 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