Danone Outperforms Consumer Staples with Impressive Year-to-Date Returns
Sourse: dairynews.today
Danone has shown significant growth in 2023, surpassing both sector and industry averages.
Investors looking for top-performing companies in the Consumer Staples sector might find Danone (DANOY) of interest. According to recent data, Danone has achieved a year-to-date return of 17.6%, significantly outpacing the Consumer Staples group's average gain of 4.6%. This robust performance highlights Danone's position as a strong contender within its industry, benefitting from an upward revision in its full-year earnings estimate by 4.4%. Another standout in the sector is Heineken NV (HEINY), which has seen an impressive stock growth of 24.4% year-to-date, with a consensus EPS estimate increase of 1.8% over the past quarter.
While the Food - Miscellaneous industry, to which Danone belongs, is currently underperforming with a year-to-date loss of 4.5%, Danone stands out with its superior returns. With a Zacks Rank of #2 (Buy), both Danone and Heineken NV present themselves as promising stocks. Investors should keep a keen eye on these companies as they continue to excel in the sector.
While the Food - Miscellaneous industry, to which Danone belongs, is currently underperforming with a year-to-date loss of 4.5%, Danone stands out with its superior returns. With a Zacks Rank of #2 (Buy), both Danone and Heineken NV present themselves as promising stocks. Investors should keep a keen eye on these companies as they continue to excel in the sector.
