Are Medical Stocks Lagging Elanco Animal Health (ELAN) This Year?

Company Overview - Elanco Animal Health Incorporated (ELAN) is a member of the Medical sector, which includes 947 individual stocks and holds a Zacks Sector Rank of 5 [2] - ELAN currently has a Zacks Rank of 2 (Buy), indicating a favorable outlook based on earnings estimates and revisions [3] Performance Analysis - ELAN has gained approximately 79.2% year-to-date, significantly outperforming the Medical sector's average return of 7.4% [4] - The Zacks Consensus Estimate for ELAN's full-year earnings has increased by 5.3% over the past three months, reflecting improving analyst sentiment [4] Industry Comparison - ELAN belongs to the Medical - Outpatient and Home Healthcare industry, which consists of 15 stocks and is currently ranked 50 in the Zacks Industry Rank [6] - Stocks in the Medical - Outpatient and Home Healthcare industry have gained about 8.6% year-to-date, indicating that ELAN is performing better than its industry peers [6] Other Notable Stocks - Tactile Systems Technology (TCMD) is another Medical stock that has outperformed the sector, with a year-to-date increase of 66% and a Zacks Rank of 2 (Buy) [5] - The consensus estimate for TCMD's current year EPS has risen by 29% over the past three months [5]