Group 1 - InterContinental Hotels (IHG) is currently outperforming its peers in the Consumer Discretionary sector, with a year-to-date return of approximately 8%, compared to the sector average of 2.2% [4] - The Zacks Rank for IHG is 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for full-year earnings having increased by 0.3% over the past quarter [3] - IHG belongs to the Hotels and Motels industry, which has an average year-to-date loss of 7%, further highlighting IHG's strong performance relative to its industry peers [5] Group 2 - The Consumer Discretionary sector includes 266 individual stocks, with IHG contributing to the sector's overall ranking of 12 in the Zacks Sector Rank [2] - Another stock in the Consumer Discretionary sector, Adtalem Global Education (ATGE), has also shown strong performance with a year-to-date return of 5.8% and a Zacks Rank of 2 (Buy) [4][5] - The Schools industry, where Adtalem operates, has a ranking of 45 and has experienced a decline of 5.1% since the beginning of the year, contrasting with IHG's performance [6]
Is Intercontinental Hotels Group (IHG) Stock Outpacing Its Consumer Discretionary Peers This Year?