Are Finance Stocks Lagging Robinhood Markets (HOOD) This Year?

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Robinhood Markets, Inc. (HOOD) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Robinhood Markets, Inc. is a member of our Finance group, which includes 870 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Robinhood Markets, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).The Zacks Consensus Estimate for HOOD's full-year earnings has moved 55.7% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.Based on the latest available data, HOOD has gained about 75.2% so far this year. Meanwhile, stocks in the Finance group have gained about 5.7% on average. This means that Robinhood Markets, Inc. is outperforming the sector as a whole this year.Another stock in the Finance sector, The Charles Schwab Corporation (SCHW), has outperformed the sector so far this year. The stock's year-to-date return is 8.6%.Over the past three months, The Charles Schwab Corporation's consensus EPS estimate for the current year has increased 9.3%. The stock currently has a Zacks Rank #2 (Buy).To break things down more, Robinhood Markets, Inc. belongs to the Financial - Investment Bank industry, a group that includes 21 individual companies and currently sits at #2 in the Zacks Industry Rank. Stocks in this group have gained about 13.7% so far this year, so HOOD is performing better this group in terms of year-to-date returns. The Charles Schwab Corporation is also part of the same industry.Robinhood Markets, Inc. and The Charles Schwab Corporation could continue their solid performance, so investors interested in Finance stocks should continue to pay close attention to these stocks.Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>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 Robinhood Markets, Inc. (HOOD): Free Stock Analysis Report The Charles Schwab Corporation (SCHW): 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