Are Retail-Wholesale Stocks Lagging Carrefour (CRRFY) This Year?

Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Is Carrefour SA (CRRFY) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Carrefour SA is one of 195 individual stocks in the Retail-Wholesale sector. Collectively, these companies sit at #11 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Carrefour SA is currently sporting a Zacks Rank of #2 (Buy).Over the past three months, the Zacks Consensus Estimate for CRRFY's full-year earnings has moved 2.7% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.Based on the latest available data, CRRFY has gained about 5.7% so far this year. In comparison, Retail-Wholesale companies have returned an average of -0.5%. As we can see, Carrefour SA is performing better than its sector in the calendar year.Casey's General Stores (CASY) is another Retail-Wholesale stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 24.8%.Over the past three months, Casey's General Stores' consensus EPS estimate for the current year has increased 4.6%. The stock currently has a Zacks Rank #2 (Buy).To break things down more, Carrefour SA belongs to the Retail - Supermarkets industry, a group that includes 9 individual companies and currently sits at #161 in the Zacks Industry Rank. On average, stocks in this group have gained 12.4% this year, meaning that CRRFY is slightly underperforming its industry in terms of year-to-date returns. On the other hand, Casey's General Stores belongs to the Retail - Convenience Stores industry. This 2-stock industry is currently ranked #27. The industry has moved +20.3% year to date.Going forward, investors interested in Retail-Wholesale stocks should continue to pay close attention to Carrefour SA and Casey's General Stores as they could maintain their solid performance.Radical New Technology Could Hand Investors Huge GainsQuantum Computing is the next technological revolution, and it could be even more advanced than AI.While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.See Top Quantum Stocks 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 Carrefour SA (CRRFY): Free Stock Analysis Report Casey's General Stores, Inc. (CASY): 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