American Well Corporation Outperforms Medical Peers in 2023

American Well Corporation (AMWL) has outperformed its Medical peers this year, with a 16.7% return compared to a 6.7% loss for the group. The company's Zacks Rank is #2 (Buy), and its full-year earnings estimate has increased 36.6% in the past quarter. Annexon, Inc. (ANNX) is another Medical stock that has outperformed, with a 1.8% year-to-date return and a Zacks Rank of #2.