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Amazon.com Stock Outpacing Retail-Wholesale Peers in 2021

"Amazon and Abercrombie & Fitch are outperforming the Retail-Wholesale sector this year. Find out if they're worth investing in."

When searching for strong Retail-Wholesale stocks, it's important to look for companies that are outperforming their peers. Amazon (AMZN) is one of 218 individual stocks in the Retail-Wholesale sector, which collectively ranks at #8 in the Zacks Sector Rank. The Zacks Rank looks at earnings estimates and revisions to find stocks with improving earnings outlooks. Amazon currently has a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for AMZN's full-year earnings has increased by 5.9%, indicating improving analyst sentiment and a positive earnings outlook trend. So far this year, Amazon has gained about 2.2%, outperforming the sector as a whole.

Another stock in the Retail-Wholesale sector, Abercrombie & Fitch (ANF), has also outperformed the sector, with a year-to-date return of 15.5% and a consensus EPS estimate increase of 36.3% for the current year. Amazon belongs to the Internet - Commerce industry, which includes 40 individual stocks and is currently ranked at #81 in the Zacks Industry Rank. On the other hand, Abercrombie & Fitch belongs to the Retail - Apparel and Shoes industry, currently ranked at #98.

Investors interested in the Retail-Wholesale sector may want to keep a close eye on Amazon and Abercrombie & Fitch as they continue their solid performance. If you want the latest recommendations from Zacks Investment Research, you can download 7 Best Stocks for the Next 30 Days for free.

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