Are Business Services Stocks Lagging Affirm (AFRM) This Year?

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Affirm Holdings (AFRM) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Affirm Holdings is a member of our Business Services group, which includes 305 different companies and currently sits at #4 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. Affirm Holdings is currently sporting a Zacks Rank of #2 (Buy).The Zacks Consensus Estimate for AFRM's full-year earnings has moved 63.6% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.Based on the latest available data, AFRM has gained about 26.3% so far this year. At the same time, Business Services stocks have gained an average of 24.4%. As we can see, Affirm Holdings is performing better than its sector in the calendar year.Sezzle Inc. (SEZL) is another Business Services stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 1848.1%.In Sezzle Inc.'s case, the consensus EPS estimate for the current year increased 45.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Breaking things down more, Affirm Holdings is a member of the Financial Transaction Services industry, which includes 42 individual companies and currently sits at #80 in the Zacks Industry Rank. This group has gained an average of 24.6% so far this year, so AFRM is performing better in this area. Sezzle Inc. is also part of the same industry.Investors with an interest in Business Services stocks should continue to track Affirm Holdings and Sezzle Inc. These stocks will be looking to continue their solid performance.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.7% per year. So be sure to give these hand picked 7 your immediate attention. See them 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 Affirm Holdings, Inc. (AFRM): Free Stock Analysis Report Sezzle Inc. (SEZL): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks