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Is Baozun (BZUN) Stock Outpacing Its Computer and Technology Peers This Year?

Zacks Equity Research
Updated
PEBO vs. FIBK: Which Stock Is the Better Value Option?

Investors focused on the Computer and Technology space have likely heard of Baozun (BZUN), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of BZUN and the rest of the Computer and Technology group's stocks.

Baozun is a member of the Computer and Technology sector. This group includes 630 individual stocks and currently holds a Zacks Sector Rank of #6. 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 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. BZUN is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for BZUN's full-year earnings has moved 11.88% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

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Based on the latest available data, BZUN has gained about 78.61% so far this year. In comparison, Computer and Technology companies have returned an average of 6.01%. This means that Baozun is performing better than its sector in terms of year-to-date returns.

To break things down more, BZUN belongs to the Computers - IT Services industry, a group that includes 25 individual companies and currently sits at #185 in the Zacks Industry Rank. On average, stocks in this group have gained 10.81% this year, meaning that BZUN is performing better in terms of year-to-date returns.

Investors in the Computer and Technology sector will want to keep a close eye on BZUN as it attempts to continue its solid performance.


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