The Zacks Industry Rank assigns a rating to each of the 265 industries based on their average Zacks Rank. An Industry with a larger percentage of Zacks Rank #1s (Strong Buy) and #2s (Buy) will have a better Zacks Industry Rank than one with a larger percentage of Zacks Rank #4s (Sell) and #5s (Strong Sell).
Finding the best industries is often the key to success in investing. Our research shows that the industries ranked in the top half outperform those in the bottom half by a factor of two to one, so putting your money to work in the best industries gives you a big advantage.
One space that should be on your radar right now is the Retail Supermarket Industry. The space has moved up 116 Zacks Industry Ranks in the last week. Stocks within the grocery sector sit in the top 21% of all 265 industries ranked on the Zacks Industry Rank.
Right now, the supermarket industry is ranked as the 54th best industry out of the 265 industries covered by Zacks. In the last week, the industry has seen its average Zacks Rank improve, and it has gone from an average Zacks Rank of 3.08 to a rank of 2.77.
Best of the Group
There are several promising choices in this industry right now, such as Delhaize America Inc. (NYSE:DEG) , Wal-Mart Stores Inc. (NYSE:WMT) , and Jeronimo Martins SGPS, SA (OTC:JRONY) , all of which have either a #1 (Strong Buy) or #2 (Buy) on the Zacks Rank.
The Zacks Rank is a truly marvelous trading tool. Our ranking system has beaten the S&P 500, yielding an average return of 25% per year for the last 29 years! Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
WAL-MART STORES (WMT): Free Stock Analysis Report
DELHAIZE-LE (DEG): Free Stock Analysis Report
JERONIMO MARTIN (JRONY): Free Stock Analysis Report
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Zacks Investment Research