Company Overview - Cinemark Holdings (CNK) is a notable stock within the Consumer Discretionary group, which consists of 277 companies [2] - The company currently holds a Zacks Rank of 1 (Strong Buy), indicating a favorable earnings outlook [3] Performance Analysis - Over the past 90 days, the Zacks Consensus Estimate for CNK's full-year earnings has increased by 28.8%, reflecting improved analyst sentiment [4] - Cinemark Holdings has achieved a year-to-date return of approximately 96.7%, significantly outperforming the average gain of 3.8% in the Consumer Discretionary group [4] - In comparison, iPower Inc. (IPW), another outperforming stock in the Consumer Discretionary sector, has returned 213.3% year-to-date [5] Industry Context - Cinemark Holdings is part of the Leisure and Recreation Services industry, which includes 30 stocks and is currently ranked 77 in the Zacks Industry Rank [6] - The Leisure and Recreation Services industry has seen an average gain of 10.2% this year, indicating that CNK is performing better than its industry peers [6] - In contrast, iPower Inc. belongs to the Consumer Products - Discretionary industry, which has a ranking of 42 and has increased by 18.5% this year [6] Future Outlook - Investors interested in Consumer Discretionary stocks should monitor Cinemark Holdings and iPower Inc. for potential continued strong performance [7]
Is Cinemark (CNK) Outperforming Other Consumer Discretionary Stocks This Year?