Published on 28 Jan 2024 on Zacks via Yahoo Finance

Is Grupo Financiero Galicia (GGAL) Stock Outpacing Its Finance Peers This Year?

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Has Grupo Financiero Galicia (GGAL) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

Grupo Financiero Galicia is a member of the Finance sector. This group includes 857 individual stocks and currently holds a Zacks Sector Rank of #9. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Grupo Financiero Galicia is currently sporting a Zacks Rank of #1 (Strong Buy).