Company Performance - Gilead Sciences (GILD) has gained approximately 21% year-to-date, significantly outperforming the average return of -4.7% for the Medical sector [4] - Gilead Sciences holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook and strong analyst sentiment [3][4] - Alignment Healthcare (ALHC) has also outperformed the sector with a return of 16.8% year-to-date and holds a Zacks Rank of 2 (Buy) [5] Industry Comparison - Gilead Sciences is part of the Medical - Biomedical and Genetics industry, which has seen an average loss of 2.9% this year, indicating GILD's superior performance within this specific industry [6] - Alignment Healthcare belongs to the Medical Services industry, currently ranked 56, which has experienced a decline of 2.8% year-to-date [6] Sector Overview - The Medical sector includes 987 individual stocks and currently holds a Zacks Sector Rank of 5, reflecting its relative performance compared to other sectors [2] - The Zacks Rank system focuses on earnings estimates and revisions, which have historically been successful in identifying stocks likely to outperform the market in the near term [3]
Has Gilead Sciences (GILD) Outpaced Other Medical Stocks This Year?