Are Finance Stocks Lagging Palomar Holdings (PLMR) This Year?

Group 1 - Palomar (PLMR) is outperforming the Finance sector with a year-to-date gain of approximately 53.5%, compared to the sector's average gain of 3.2% [4] - The Zacks Rank for Palomar is 1 (Strong Buy), indicating strong analyst sentiment and a positive earnings outlook, with a consensus estimate for full-year earnings increasing by 9.8% over the past quarter [3] - Palomar belongs to the Insurance - Property and Casualty industry, which has gained an average of 14.7% this year, further highlighting its strong performance within its specific industry [5] Group 2 - The Finance group, which includes Palomar, ranks 12 out of 16 in the Zacks Sector Rank, indicating a relatively strong position within the broader finance market [2] - Another notable stock in the Finance sector is Commonwealth Bank of Australia Sponsored ADR (CMWAY), which has gained 7% year-to-date and has a Zacks Rank of 2 (Buy) [4][5] - The Banks - Foreign industry, under which Commonwealth Bank falls, is ranked 52 and has seen a year-to-date increase of 6.5%, showing a weaker performance compared to Palomar's industry [6]