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Is BJ's Wholesale Club (BJ) Stock Outpacing Its Consumer Staples Peers This Year?

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The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. BJ's Wholesale Club (BJ - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.

BJ's Wholesale Club is a member of our Consumer Staples group, which includes 178 different companies and currently sits at #13 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. BJ's Wholesale Club is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for BJ's full-year earnings has moved 1.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the latest available data, BJ has gained about 18% so far this year. At the same time, Consumer Staples stocks have gained an average of 3.7%. This means that BJ's Wholesale Club is performing better than its sector in terms of year-to-date returns.

One other Consumer Staples stock that has outperformed the sector so far this year is Coca-Cola HBC (CCHGY - Free Report) . The stock is up 55.5% year-to-date.

For Coca-Cola HBC, the consensus EPS estimate for the current year has increased 13.9% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

To break things down more, BJ's Wholesale Club belongs to the Consumer Products - Staples industry, a group that includes 35 individual companies and currently sits at #72 in the Zacks Industry Rank. On average, stocks in this group have lost 5.4% this year, meaning that BJ is performing better in terms of year-to-date returns.

Coca-Cola HBC, however, belongs to the Beverages - Soft drinks industry. Currently, this 17-stock industry is ranked #88. The industry has moved +4.2% so far this year.

Investors with an interest in Consumer Staples stocks should continue to track BJ's Wholesale Club and Coca-Cola HBC. These stocks will be looking to continue their solid performance.

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