Are Business Services Stocks Lagging Parsons (PSN) This Year?

Group 1 - Parsons (PSN) is a notable stock in the Business Services group, which consists of 316 companies and ranks 5 in the Zacks Sector Rank [2] - Parsons has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for its full-year earnings increasing by 6.8% in the past quarter [3] - Year-to-date, Parsons has returned 48%, significantly outperforming the average return of 6.1% for Business Services companies [4] Group 2 - The Technology Services industry, which includes Parsons, has 171 stocks and currently ranks 87 in the Zacks Industry Rank, with an average gain of 16% this year [5] - Another outperforming stock in the Business Services sector is Spotify (SPOT), which has returned 81.1% year-to-date and has a Zacks Rank of 1 (Strong Buy) [4][5] - Investors interested in Business Services stocks should monitor Parsons and Spotify for continued strong performance [6]