Are Consumer Discretionary Stocks Lagging Bally's (BALY) This Year?

Group 1 - Bally's Corporation (BALY) is currently outperforming its Consumer Discretionary peers with a year-to-date gain of approximately 22.4%, while the sector has seen an average loss of about 0.9% [2][3] - The Zacks Rank for Bally's Corporation is 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for full-year earnings having increased by 31% over the past three months [2][3] - Bally's Corporation belongs to the Hotels and Motels industry, which is ranked 147 in the Zacks Industry Rank, and this industry has gained an average of 3.5% so far this year [3] Group 2 - Paramount Global (PARAA) is another Consumer Discretionary stock that has outperformed the sector, with a year-to-date increase of 16.1% [2] - The consensus EPS estimate for Paramount Global has risen by 52.8% over the past three months, and it holds a Zacks Rank of 1 (Strong Buy) [3] - The Media Conglomerates industry, which includes Paramount Global, is ranked 22 and has experienced a decline of 2.2% since the beginning of the year [3]