Are Consumer Discretionary Stocks Lagging Adtalem Global Education (ATGE) This Year?

Group 1 - Adtalem Global Education (ATGE) is currently outperforming the Consumer Discretionary sector, with a year-to-date gain of 10.6% compared to the sector's average return of -2.1% [2][3] - The Zacks Rank for Adtalem Global Education is 1 (Strong Buy), indicating a strong potential for outperformance based on earnings estimate revisions and improving earnings outlooks [2][3] - The Zacks Consensus Estimate for ATGE's full-year earnings has increased by 5.7% over the past quarter, reflecting positive analyst sentiment [2] Group 2 - Adtalem Global Education belongs to the Schools industry, which is ranked 28 in the Zacks Industry Rank, and has outperformed the average gain of 2.3% for this group [3] - In comparison, Skechers (SKX), another outperforming stock in the Consumer Discretionary sector, has gained 11.6% year-to-date and also holds a Zacks Rank of 1 (Strong Buy) [3][4] - The Shoes and Retail Apparel industry, where Skechers operates, is ranked 33 and has seen a decline of -9.3% since the beginning of the year [3]