Is Globale Online (GLBE) Outperforming Other Retail-Wholesale Stocks This Year?

Group 1 - Global-e Online Ltd. (GLBE) is currently performing better than the Retail-Wholesale sector, with a year-to-date return of approximately 9.8% [4] - The Zacks Rank for Global-e Online Ltd. is 2 (Buy), indicating a favorable outlook based on earnings estimate revisions and improving earnings outlooks [3] - Over the past three months, the Zacks Consensus Estimate for GLBE's full-year earnings has increased by 800%, reflecting improved analyst sentiment [4] Group 2 - Global-e Online Ltd. belongs to the Internet - Commerce industry, which has an average year-to-date gain of 7.2%, outperforming the industry average [6] - Noodles & Co. (NDLS) is another stock in the Retail-Wholesale sector that has significantly outperformed, with a return of 164.3% since the beginning of the year [5] - The Retail-Wholesale sector is ranked 2 in the Zacks Sector Rank, indicating strong overall performance among its 212 individual stocks [2]