Are Retail-Wholesale Stocks Lagging Envela (ELA) This Year?

Group 1 - Envela Corporation (ELA) has shown a year-to-date return of 8.6%, outperforming the average return of 6.7% for the Retail-Wholesale sector [4] - The Zacks Consensus Estimate for ELA's full-year earnings has increased by 16.7% in the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - Envela Corporation currently holds a Zacks Rank of 1 (Strong Buy), suggesting it has characteristics that may lead to outperformance in the market over the next one to three months [3] Group 2 - Envela Corporation is part of the Retail - Jewelry industry, which consists of 6 companies and is currently ranked 197 in the Zacks Industry Rank [6] - The Retail - Jewelry industry has gained an average of 13.3% year-to-date, indicating that ELA is slightly underperforming its industry [6] - In contrast, Sonic Automotive, another stock in the Retail-Wholesale sector, has a year-to-date return of 14.4% and is part of the Automotive - Retail and Wholesale industry, which is ranked 97 [5][7]