Is Roku (ROKU) Stock Outpacing Its Consumer Discretionary Peers This Year?

Company Performance - Roku is currently ranked 1 (Strong Buy) in the Zacks Rank system, indicating strong potential for outperforming the market in the near term [3] - Roku's year-to-date return is approximately 42.1%, significantly outperforming the average gain of 1.9% in the Consumer Discretionary group [4] - Over the past three months, the Zacks Consensus Estimate for Roku's full-year earnings has increased by 182.1%, reflecting improved analyst sentiment [4] Industry Comparison - Roku belongs to the Broadcast Radio and Television industry, which is currently ranked 100 in the Zacks Industry Rank, with an average gain of 24.6% year-to-date [6] - In contrast, Amer Sports, Inc., another stock in the Consumer Discretionary sector, has a year-to-date return of 11.8% and belongs to the Leisure and Recreation Products industry, which is ranked 54 and has declined by 4.3% this year [5][6]