Is Carlyle Secured Lending CGBD Stock outpacing its Finance Peers This year?
If you are looking for strong Finance stocks, it’s a good idea to look for companies that outperform their peers. Carlyle Secured Lending, Inc., (CGBD), is a stock that will attract investors’ attention. But, how does its performance compare to other stocks in the sector? Let’s examine the stock’s performance year-to-date to discover more.
Carlyle Secured Lending, Inc., is one of 884 stocks in the Finance sector. These stocks collectively rank at #1 in Zacks SectorRank. The Zacks Sector Rank measures the strength of each of our 16 sector groups by measuring their average Zacks Rank.
Zacks Rank, a stock-picking system that emphasizes earnings estimates as well as estimate revisions, is a highly successful model. This system highlights several stocks that may be poised for outperformance over the next one-to three months. Carlyle Secured Lending, Inc. currently has a Zacks Rank #1 (Strong Buy).
The Zacks Consensus estimate for CGBD’s full-year earnings increased 9.9% in the past quarter. This suggests that analyst sentiment has improved and the stock’s earnings outlook for 2019 is brighter.
According to the latest data, CGBD gained 3.1% this year. On average, Finance stocks have lost 15%. Carlyle Secured Lending, Inc.’s year-to date returns are better than the sector.
CaixaBank S.A. Unsponsored ADDR (CAIXY) is another Finance stock that has outperformed this sector thus far in 2018. The stock has returned 33.9% over the past year.
CaixaBank S.A. unsponsored ADR’s consensus EPS estimate has increased by 8.3% over the three-month period. Current Zacks Rank #2 (Buy) for the stock.
Breaking things down more, Carlyle Secured Lending, Inc. is a member of the Financial – SBIC & Commercial Industry industry, which includes 36 individual companies and currently sits at #7 in the Zacks Industry Rank. This group has experienced an average loss of 9.4% this year. This means that CGBD is showing better year-to-date returns.
CaixaBank S.A. Unsponsored aDR is part of the Banks – Foreign industry. This 67 stock industry is currently ranked 27. The industry has seen a decrease in value by 6.4% since its inception.
Investors who are interested in Finance stocks should keep following Carlyle Secured Lending, Inc., and CaixaBank, S.A. unsponsored ADR. These stocks will look to continue their strong performance.
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Carlyle Secured Lending, Inc. (CGBD) : Free Stock Analysis Report
CaixaBank, S.A. Unsponsored ADR (CAIXY) : Free Stock Analysis Report