Are Conglomerates Stocks Lagging Sumitomo (SSUMY) This Year?
Investors interested in Conglomerates stocks should always be looking to find the best-performing companies in the group. Is Sumitomo Corp. (SSUMY) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Conglomerates peers, we might be able to answer that question.Sumitomo Corp. is a member of the Conglomerates sector. This group includes 15 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank considers 16 different grou ...