Is Grupo Mexico, S.A.B. de C.V. (GMBXF) Stock Outpacing Its Conglomerates Peers This Year?

Group 1 - Grupo Mexico, S.A.B. de C.V. (GMBXF) has outperformed its peers in the Conglomerates sector with a year-to-date return of 40.9%, compared to the sector average of 0.9% [4] - The Zacks Rank for Grupo Mexico is currently 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - Over the past 90 days, the Zacks Consensus Estimate for GMBXF's full-year earnings has increased by 3%, reflecting improved analyst sentiment [4] Group 2 - Marubeni Corp. (MARUY) is another strong performer in the Conglomerates sector, with a year-to-date return of 48.3% and a Zacks Rank of 2 (Buy) [5] - Both Grupo Mexico and Marubeni Corp. are part of the Diversified Operations industry, which has an average return of 0.9% this year, indicating that both companies are performing well relative to their industry [6] - Investors should closely monitor Grupo Mexico and Marubeni Corp. for potential continued strong performance in the Conglomerates sector [7]