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. Has Mellanox Technologies been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Mellanox Technologies is a member of our Computer and Technology group, which includes 632 different companies and currently sits at #5 in the Zacks Sector Rank. 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. MLNX is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for MLNX's full-year earnings has moved 29.35% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the most recent data, MLNX has returned 32.46% so far this year. In comparison, Computer and Technology companies have returned an average of 5.91%. This means that Mellanox Technologies is outperforming the sector as a whole this year.

Looking more specifically, MLNX belongs to the Electronics - Semiconductors industry, which includes 35 individual stocks and currently sits at #182 in the Zacks Industry Rank. This group has lost an average of 2.66% so far this year, so MLNX is performing better in this area.

Investors with an interest in Computer and Technology stocks should continue to track MLNX. The stock will be looking to continue its solid performance.