Published on 5 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. Cedar Realty Trust (CDR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.
Cedar Realty Trust is one of 889 companies in the Finance group. The Finance group currently sits at #5 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 is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Cedar Realty Trust is currently sporting a Zacks Rank of #2 (Buy).