Ambev Outperforms Consumer Staples Sector with 26.7% Year-to-Date Gain

Zacks Investment Research··Read original
2▲1 ▼0Impact / 5
Summary · why it matters

Ambev has gained 26.7% so far this year, significantly outperforming the Consumer Staples sector's average return of 8.2%. The stock holds a Zacks Rank of 2, or Buy, and its full-year earnings estimate has risen 11.7% over the past three months. Within the Beverages - Alcohol industry, which has returned 17.7% year-to-date, Ambev is also ahead. Another Consumer Staples stock, Chefs' Warehouse, has surged 53.4% this year, far exceeding its Food - Miscellaneous industry's decline of 3.3%.

Impact on assets 3

Consumer Staples▲ · 2 stocks
Ambev SA ADR
ABEV
▲ PositiveCapitalrelevance

Article highlights Ambev's 26.7% YTD gain, Zacks Rank 2 (Buy), and 11.7% rise in full-year earnings estimate over three months.

Robotics & Physical AI▲ · 1 stocks