Is Liberty Media Corporation - Liberty Formula One Series C (FWONK) Stock Outpacing Its Consumer Discretionary Peers This Year?

Group 1 - Liberty Media Corporation - Liberty Formula One Series C (FWONK) is part of the Consumer Discretionary sector, which includes 265 individual stocks and holds a Zacks Sector Rank of 2 [2] - The Zacks Rank system indicates that FWONK has a Zacks Rank of 1 (Strong Buy), suggesting it has characteristics to outperform the market in the near term [3] - The Zacks Consensus Estimate for FWONK's full-year earnings has increased by 25.2% in the past quarter, indicating improved analyst sentiment and earnings outlook [4] Group 2 - FWONK has gained approximately 7.4% year-to-date, outperforming the average gain of 4.4% for Consumer Discretionary stocks [4] - In comparison, Ralph Lauren (RL), another Consumer Discretionary stock, has increased by 16.3% year-to-date and has a Zacks Rank of 2 (Buy) [5] - FWONK belongs to the Media Conglomerates industry, which includes 13 companies and currently ranks 46 in the Zacks Industry Rank, with an average gain of 1.4% this year [6] Group 3 - Ralph Lauren is part of the Textile - Apparel industry, which consists of 21 stocks and is ranked 57, with a year-to-date gain of 1.2% [7] - Both FWONK and Ralph Lauren are showing solid performance, making them noteworthy for investors interested in Consumer Discretionary stocks [7]