Investors with their eyes on finance
stocks, should always be looking at finding the companies with the highest
performance in the sector. Prologis has been on our radar for a while, and
looking at the stocks year-to-date performance alongside its finance sector
peers, we can see that it may be a stock you want to take a look at.
Prologis is one of over 800 individual companies that are actively trading in
the finance sector. All together these companies sit at number six in the Zacks
Sector rank. The Zacks Sector rank measures the strength of 16 individual
sector groups by measuring the average Zacks Rank of each individual stock
within the selected groups.
The Zacks rank, focuses on earnings estimates, and estimate revisions to find
stocks with improving outlooks for the future. The Zacks system has a history
of being successful and the stocks chosen usually are on the right path to beat
the market over the course of the next two to three months. Prologis is
currently holding a Zacks rank of #2, or in simple terms a Buy rating.
Over the course of the last three months, the Zacks Consensus Estimate for
Prologis’ full year earnings has increased almost 1% higher, which shows
investors that analyst sentiment is increasing and the company are seeing a
more positive outlook for their earnings for the financial year. Prologis has
seen a return of over 55% since the start of the calendar year, which if you
compare to their peers in the finance sector who have averaged just over 17%,
Prologis is outperforming their competition so far this year.
Looking more in depth at the company,
Prologis belongs to the REIT and Equity Trust industry, which covers 117
individual stocks, and currently in Zacks industry rank, sits at number 82. So
far in the financial year of 2019, stocks in this group have gained on average
around 26%, so Prologis is outperforming their group in terms of year to date
returns. Investors will want to keep watch of this stock, as the company attempts
to keep the positive sentiment flowing towards the end of the financial year.
KaitoTakahashi– NA International
info@nainternational.com
Stock Brokerages Japan 