Tag: Outperforming

11
Oct
2020
Posted in computer

Is Synaptics (SYNA) Outperforming Other Computer and Technology Stocks This Year?

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Synaptics (SYNA) one of those stocks right now? A quick glance at the company’s year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.

Synaptics is one of 601 companies in the Computer and Technology group. The Computer and Technology group currently sits at #11 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. SYNA is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for SYNA’s full-year earnings has moved 62.37% higher. This shows that analyst sentiment has improved and the company’s earnings outlook is stronger.

Based on the most recent data, SYNA has returned 23.25% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 22.58% on average. This means that Synaptics is outperforming the sector as a whole this year.

Breaking things down more, SYNA is a member of the Electronics – Semiconductors industry, which includes 35 individual companies and currently sits at #64 in the Zacks Industry Rank. This group has gained an average of 29.54% so far this year, so SYNA is slightly underperforming its industry in this area.

SYNA will likely be looking to continue its

08
Oct
2020
Posted in computer

Is Ooma (OOMA) Outperforming Other Computer and Technology Stocks This Year?

Investors focused on the Computer and Technology space have likely heard of Ooma (OOMA), but is the stock performing well in comparison to the rest of its sector peers? By taking a look at the stock’s year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

Ooma is a member of the Computer and Technology sector. This group includes 613 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. OOMA is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for OOMA’s full-year earnings has moved 37.93% higher. This means that analyst sentiment is stronger and the stock’s earnings outlook is improving.

According to our latest data, OOMA has moved about 3.33% on a year-to-date basis. Meanwhile, stocks in the Computer and Technology group have gained about 24.80% on average. As we can see, Ooma is performing better than its sector in the calendar year.

Breaking things down more, OOMA is a member of the Communication – Components industry, which includes 20 individual companies and currently sits at #94 in the Zacks Industry Rank. On average, this group has gained an average of 5.29% so far this year, meaning that OOMA is slightly underperforming its industry in terms of year-to-date returns.

OOMA will likely be looking to continue its solid performance, so investors interested in Computer

05
Oct
2020
Posted in computer

Is Alphabet (GOOGL) Outperforming Other Computer and Technology Stocks This Year?

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Alphabet (GOOGL) one of those stocks right now? By taking a look at the stock’s year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

Alphabet is one of 614 companies in the Computer and Technology group. The Computer and Technology group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. GOOGL is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for GOOGL’s full-year earnings has moved 8.75% higher. This signals that analyst sentiment is improving and the stock’s earnings outlook is more positive.

Based on the most recent data, GOOGL has returned 8.68% so far this year. In comparison, Computer and Technology companies have returned an average of 21.95%. This means that Alphabet is performing better than its sector in terms of year-to-date returns.

Breaking things down more, GOOGL is a member of the Internet – Services industry, which includes 50 individual companies and currently sits at #180 in the Zacks Industry Rank. On average, this group has gained an average of 16.19% so far this year, meaning that GOOGL is slightly underperforming its industry in terms of year-to-date returns.

Investors with an interest in Computer and Technology stocks should