Has Betterware de Mexico SAPI de C (BWMX) Surpassed Other Consumer Discretionary Shares This Year?

Top Performers in Consumer Discretionary Stocks

For those following the Consumer Discretionary sector, it's important to identify which companies are leading the pack. One stock to watch this year is Betterware de Mexico SAPI de C (BWMX). Let's review how BWMX has performed so far in 2024.

Betterware de Mexico SAPI de C operates within the Consumer Discretionary sector, which is made up of 255 stocks and currently holds the #11 spot in the Zacks Sector Ranking. This ranking system evaluates 16 sectors based on the average Zacks Rank of their components, listing them from strongest to weakest.

The Zacks Rank system, which focuses on earnings forecasts and revisions, highlights stocks with the potential to outperform the market over the next few months. At present, Betterware de Mexico SAPI de C has earned a Zacks Rank of #1 (Strong Buy).

In the past quarter, analysts have raised their full-year earnings projections for BWMX by 38%, reflecting growing optimism about the company's financial outlook.

According to the most recent data, BWMX has delivered a return of approximately 31.5% since the beginning of the year. In comparison, the Consumer Discretionary sector as a whole has seen an average decline of 5.1% year-to-date, indicating that Betterware de Mexico SAPI de C is significantly outperforming its sector peers.

Other Noteworthy Stocks

Another standout in the Consumer Discretionary space is Perdoceo Education (PRDO), which has gained 11% so far this year.

Over the past three months, consensus estimates for Perdoceo Education’s annual earnings per share have climbed by 9.7%. The stock also holds a Zacks Rank #1 (Strong Buy).

Industry Breakdown

Betterware de Mexico SAPI de C is part of the Consumer Products - Discretionary industry, which includes 27 companies and currently ranks #164 in the Zacks Industry list. On average, stocks in this group have risen 13.4% this year, meaning BWMX is outperforming its industry as well.

In contrast, Perdoceo Education is classified under the Schools industry, which consists of 17 stocks and is ranked #33. This industry has experienced a decline of 3.1% since the start of the year.

Looking Ahead

Investors interested in Consumer Discretionary stocks should keep an eye on both Betterware de Mexico SAPI de C and Perdoceo Education, as both companies aim to maintain their strong momentum.

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