Published on 28 Jul 2022 on Zacks via Yahoo Finance
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Has CBTX (CBTX) 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.
CBTX is one of 887 companies in the Finance group. The Finance group currently sits at #3 within 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. CBTX is currently sporting a Zacks Rank of #2 (Buy).