Group 1 - DraftKings (DKNG) is a notable stock in the Consumer Discretionary sector, which consists of 265 individual stocks and ranks 4 in the Zacks Sector Rank [2] - DraftKings has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for its full-year earnings increasing by 81.2% over the past 90 days [3] - Year-to-date, DraftKings has gained approximately 22.5%, significantly outperforming the average return of 10.2% for the Consumer Discretionary sector [4] Group 2 - The Gaming industry, which includes DraftKings, has 39 individual stocks and currently ranks 36 in the Zacks Industry Rank, with an average gain of 1.8% this year [5] - Fox Corporation (FOX), another stock in the Consumer Discretionary sector, has also outperformed the sector with a year-to-date increase of 15.9% and holds a Zacks Rank of 1 (Strong Buy) [4][5] - The Broadcast Radio and Television industry, to which Fox Corporation belongs, ranks 67 and has seen a gain of 12.2% this year [6]
Are Consumer Discretionary Stocks Lagging DraftKings (DKNG) This Year?