Published on 18 Nov 2022 on Zacks via Yahoo Finance

Is Paysign (PAYS) Stock Outpacing Its Business Services Peers This Year?

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Paysign, Inc. (PAYS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Paysign, Inc. is one of 333 individual stocks in the Business Services sector. Collectively, these companies sit at #9 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

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. Paysign, Inc. is currently sporting a Zacks Rank of #2 (Buy).