Are Consumer Discretionary Stocks Lagging Charter Communications (CHTR) This Year?

Investors interested in Consumer Discretionary stocks should always be looking to find the best-performing companies in the group. Has Charter Communications (CHTR) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Charter Communications is a member of our Consumer Discretionary group, which includes 256 different companies and currently sits at #9 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.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. Charter Communications is currently sporting a Zacks Rank of #2 (Buy).Over the past three months, the Zacks Consensus Estimate for CHTR's full-year earnings has moved 7.8% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the latest available data, CHTR has gained about 14.3% so far this year. In comparison, Consumer Discretionary companies have returned an average of -3.5%. As we can see, Charter Communications is performing better than its sector in the calendar year.Gray Media (GTN) is another Consumer Discretionary stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 6.4%.Over the past three months, Gray Media's consensus EPS estimate for the current year has increased 35.7%. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Charter Communications belongs to the Cable Television industry, which includes 8 individual stocks and currently sits at #92 in the Zacks Industry Rank. This group has lost an average of 1.2% so far this year, so CHTR is performing better in this area.On the other hand, Gray Media belongs to the Broadcast Radio and Television industry. This 19-stock industry is currently ranked #25. The industry has moved +16.4% year to date.Investors interested in the Consumer Discretionary sector may want to keep a close eye on Charter Communications and Gray Media as they attempt to continue their solid performance.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant 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 Charter Communications, Inc. (CHTR): Free Stock Analysis Report Gray Media Inc. (GTN): 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