NEW YORK ( TheStreet) -- The consumer cyclical, financial services and technology sectors have been the best performs so far in 2012, according to Morningstar. The consumer cyclical sector has a total return year to date of 17.19%. Financial services returned 16.47% while technology has a total return of 15.87%. Some of the best-performing consumer cyclical stocks year-to-date include Tata Motors ( TTM), Magna International ( MGA) and Delphi Automotive ( DLPH).
Tata Motors India's largest carmaker has had a 61.54% total return year to date. "We believe that investment case for Tata Motors' Class A shares (or DVRs) has strengthened as current 48% discount to ordinary shares is close to peak since listing as well as highest compared to global companies," Bank of America Merrill Lynch analysts wrote in a Feb. 28 report. "We already have a Buy on Tata Motors given its exciting business prospects, but Class-A shares seem a more attractive way to play this theme." The one analyst who covers the company rated it hold.
Delphi Automotive Shares of the car parts company have returned 48.56% so far in 2012. Shares of Delphi Automotive hit a 52-week high on Feb. 21 of $32.98. The stock's 52-week low of $19.22 was set on Nov. 23. Delphi Automotive has a forward P/E of 7.63; the average for car parts companies is 94.7. Eleven of the 13 analysts who cover Delphi Automotive rated it buy; two analysts gave the stock a hold rating.