Investors focused on the Computer and Technology space have likely heard of Micron Technology (MU Quick QuoteMU - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Micron Technology is one of 635 companies in the Computer and Technology group. The Computer and Technology group currently sits at #4 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. MU is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for MU's full-year earnings has moved 10.91% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

According to our latest data, MU has moved about 13.79% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 2.94%. This means that Micron Technology is outperforming the sector as a whole this year.

Looking more specifically, MU belongs to the Semiconductor Memory industry, which includes 1 individual stocks and currently sits at #1 in the Zacks Industry Rank. Stocks in this group have gained about 13.79% so far this year, so MU is performing on par this group in terms of year-to-date returns.

Investors in the Computer and Technology sector will want to keep a close eye on MU as it attempts to continue its solid performance.