Group 1 - Duolingo, Inc. (DUOL) is currently outperforming the Business Services sector with a year-to-date return of 49.7%, compared to the sector average of 26.7% [4] - The Zacks Rank for Duolingo, Inc. is 2 (Buy), indicating a positive analyst sentiment with an 8.3% increase in the consensus earnings estimate for the full year over the past three months [3] - Duolingo, Inc. belongs to the Technology Services industry, which has an average year-to-date return of 57.4%, suggesting that DUOL is slightly underperforming its industry [6] Group 2 - The Business Services sector includes 305 individual stocks and is ranked 4 in the Zacks Sector Rank [2] - AppLovin (APP) is another stock in the Business Services sector that has significantly outperformed, with a year-to-date increase of 718.6% and a Zacks Rank of 1 (Strong Buy) [4][5] - Investors in the Business Services sector should monitor both Duolingo, Inc. and AppLovin for their continued strong performance [7]
Are Business Services Stocks Lagging Duolingo (DUOL) This Year?