New Oriental Education & Technology Group (EDU) Outperforms Consumer Discretionary Stocks in 2023

New Oriental Education & Technology Group (EDU) has outperformed the Consumer Discretionary sector this year, with a 0% year-to-date return, compared to the sector's -7.9%. The company's earnings outlook has also improved, with a 5.6% increase in the Zacks Consensus Estimate over the past three months. EDU has a Zacks Rank of #2 (Buy) and belongs to the Schools industry, which has gained 4.6% this year. H World Group (HTHT) is another stock in the Consumer Discretionary sector that has outperformed, with a 5.7% year-to-date return and a Zacks Rank of #1 (Strong Buy).