Group 1 - Cardinal Health (CAH) is a notable stock in the Medical sector, currently outperforming its peers with a year-to-date return of 22.5% compared to the sector average of 3.1% [4] - The Zacks Rank system indicates that Cardinal Health has a Zacks Rank of 2 (Buy), reflecting a positive analyst sentiment and an improving earnings outlook with a 2.9% increase in the consensus estimate for full-year earnings [3] - Cardinal Health is part of the Medical - Dental Supplies industry, which ranks 85 in the Zacks Industry Rank, with an average gain of 5.8% this year, further highlighting CAH's strong performance [5] Group 2 - Adaptive Biotechnologies (ADPT) is another strong performer in the Medical sector, with a year-to-date return of 21% and a Zacks Rank of 2 (Buy) [4][5] - The Medical - Biomedical and Genetics industry, which includes Adaptive Biotechnologies, has underperformed with a year-to-date return of -2.2% and ranks 65 in the Zacks Industry Rank [6]
Is Cardinal Health (CAH) Outperforming Other Medical Stocks This Year?