Is American Well (AMWL) Outperforming Other Medical Stocks This Year?

Group 1 - American Well Corporation (AMWL) is performing better than the Medical sector with a year-to-date return of approximately 0.8%, while the sector has lost an average of 2.4% [4] - The Zacks Rank for American Well Corporation is 2 (Buy), indicating a favorable outlook based on earnings estimate revisions [3] - The Zacks Consensus Estimate for AMWL's full-year earnings has increased by 5.7% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - American Well Corporation is part of the Medical Info Systems industry, which consists of 38 stocks and currently ranks 69 in the Zacks Industry Rank [6] - Stocks in the Medical Info Systems industry have gained about 8.4% year-to-date, indicating that AMWL is slightly underperforming its industry [6] - Claritev Corporation (CTEV), another stock in the Medical sector, has shown a year-to-date return of 44.6% and also holds a Zacks Rank of 2 (Buy) [5]