Are Business Services Stocks Lagging MediaAlpha (MAX) This Year?

Group 1 - MediaAlpha, Inc. (MAX) has shown a year-to-date performance increase of approximately 10.6%, outperforming the average gain of 9.1% in the Business Services sector [4] - The Zacks Rank for MediaAlpha, Inc. is currently 1 (Strong Buy), indicating a positive outlook based on earnings estimates and revisions, with a 12.1% increase in the consensus estimate for full-year earnings over the past quarter [3] - In comparison, Spotify (SPOT) has significantly outperformed both MediaAlpha and the sector, with a year-to-date return of 39.3% and a Zacks Rank of 2 (Buy) [4][5] Group 2 - MediaAlpha, Inc. is part of the Technology Services industry, which consists of 152 companies and currently ranks 84 in the Zacks Industry Rank, with an average gain of 21.6% this year, indicating that MAX is slightly underperforming its industry [6] - Investors interested in Business Services stocks are encouraged to monitor both MediaAlpha, Inc. and Spotify for their continued performance [7]