Bassett Furniture Industries (BSET) has outperformed the Consumer Discretionary sector with a 17% year-to-date return, compared to the sector's 6.5% gain. The stock has a Zacks Rank of #2 (Buy) and its full-year earnings estimate has moved 17.9% higher within the past quarter. Perdoceo Education (PRDO) has also outperformed the sector with an 18.2% year-to-date return and a Zacks Rank of #2 (Buy).
Bassett Furniture Industries (BSET) and Perdoceo Education (PRDO) have demonstrated strong performance in the Consumer Discretionary sector this year. BSET has achieved a year-to-date (YTD) return of 17%, significantly outperforming the sector's average gain of 6.5% [1]. The stock is currently ranked #2 (Buy) by Zacks, with its full-year earnings estimate increasing by 17.9% in the past quarter [1].
Perdoceo Education (PRDO) has also shown robust performance, with a YTD return of 18.2% and a Zacks Rank of #2 (Buy). This stock has consistently exceeded consensus estimates, with earnings and revenue surpassing expectations for the past four quarters [3].
The strong performance of these stocks is attributed to positive earnings outlooks and analyst sentiment. BSET's earnings per share (EPS) for the latest quarter beat the consensus estimate by $0.07, and the company reported a net margin of 0.76% and a return on equity of 1.48% [2]. Similarly, PRDO's quarterly earnings of $0.67 per share exceeded the Zacks Consensus Estimate of $0.65, marking a 3.08% earnings surprise [3].
Both companies have attracted significant institutional investment. Bank of New York Mellon Corp increased its stake in BSET by 192.9% during the first quarter, owning 0.82% of the company's stock [2]. This increased interest from institutional investors is a positive sign for the stocks' future performance.
Investors should continue to monitor the performance of Bassett Furniture Industries and Perdoceo Education, as they have shown strong potential for growth within the Consumer Discretionary sector.
References:
[1] https://finance.yahoo.com/news/consumer-discretionary-stocks-lagging-bassett-134003581.html
[2] https://www.marketbeat.com/instant-alerts/filing-bank-of-new-york-mellon-corp-boosts-stock-holdings-in-bassett-furniture-industries-incorporated-nasdaqbset-2025-08-01/
[3] https://www.nasdaq.com/articles/perdoceo-education-prdo-surpasses-q2-earnings-and-revenue-estimates
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