ZACKS·2024-11-04 15:45Group 1 - Alibaba is part of the Retail-Wholesale group, which consists of 210 companies and currently ranks 8 in the Zacks Sector Rank [2] - Alibaba has a Zacks Rank of 1 (Strong Buy), indicating a strong earnings outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for Alibaba's full-year earnings has increased by 16.2% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - Year-to-date, Alibaba has returned 25.9%, outperforming the average gain of 22.2% for Retail-Wholesale stocks [4] - Alibaba belongs to the Internet - Commerce industry, which includes 39 stocks and currently ranks 59 in the Zacks Industry Rank [6] - The Internet - Commerce industry has an average gain of 30.7% year-to-date, indicating that Alibaba is slightly underperforming its industry [6] Group 3 - Booking Holdings is another stock in the Retail-Wholesale sector that has outperformed, with a year-to-date return of 33.9% [5] - Both Alibaba and Booking Holdings are expected to continue their solid performance, making them noteworthy for investors in Retail-Wholesale stocks [7]