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Has Mission Produce (AVO) Outpaced Other Consumer Staples Stocks This Year?
AVOMission(AVO) ZACKS·2024-10-23 14:46

Group 1 - Mission Produce, Inc. (AVO) is currently ranked 11 in the Zacks Sector Rank for Consumer Staples, which includes 183 companies [1] - AVO has a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperforming the market in the next one to three months [1] - Over the past three months, the Zacks Consensus Estimate for AVO's full-year earnings has increased by 143.8%, reflecting improved analyst sentiment [2] Group 2 - Year-to-date, AVO has returned 19.3%, significantly outperforming the average gain of 6.9% for the Consumer Staples group [2] - Clorox (CLX), another outperforming stock in the Consumer Staples sector, has returned 11.6% year-to-date and has a Zacks Rank of 2 (Buy) [2] - AVO is part of the Agriculture - Operations industry, which is currently ranked 88 in the Zacks Industry Rank, while the industry has seen an average loss of 10.4% this year [3] Group 3 - Clorox belongs to the Soap and Cleaning Materials industry, which is ranked 10 and has gained 19.1% so far this year [3] - Both Mission Produce, Inc. and Clorox are stocks to watch for continued solid performance in the Consumer Staples sector [3]