The Consumer Discretionary sector offers many great stocks, but investors should seek out companies that are outperforming their peers. BrightView Holdings (BV) is one such stock that has shown strong performance this year.
As a member of the Consumer Discretionary group, BrightView Holdings currently ranks #10 in the Zacks Sector Rank, which considers 16 different groups to gauge the strength of each sector. The company has a Zacks Rank of #2 (Buy), indicating positive analyst sentiment and a strong earnings outlook.
Over the past 90 days, BV’s full-year earnings estimate has increased by 9.6%, showcasing improved analyst sentiment. Year-to-date, BrightView Holdings has returned an impressive 65.4%, outperforming the Consumer Discretionary sector, which has an average return of -1.9%.
Another notable stock in the Consumer Discretionary sector is Grand Canyon Education (LOPE), which has returned 8.7% year-to-date. The consensus estimate for LOPE’s current year earnings per share has increased by 2% over the past three months, and the stock also holds a Zacks Rank of #2 (Buy).
BrightView Holdings belongs to the Consumer Services – Miscellaneous industry, which has gained an average of 8.9% year-to-date, positioning BV as a strong performer within the industry. On the other hand, Grand Canyon Education is part of the Schools industry, which has moved +3.7% year-to-date.
Both BrightView Holdings and Grand Canyon Education show potential for continued strong performance, making them worthwhile considerations for investors interested in Consumer Discretionary stocks.