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Has Amphenol (APH) Outpaced Other Computer and Technology Stocks This Year?

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Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Amphenol (APH - Free Report) 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.

Amphenol is a member of our Computer and Technology group, which includes 627 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 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. APH is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for APH's full-year earnings has moved 2.39% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the latest available data, APH has gained about 8.80% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 11.14% on a year-to-date basis. As we can see, Amphenol is performing better than its sector in the calendar year.

Looking more specifically, APH belongs to the Electronics - Connectors industry, which includes 3 individual stocks and currently sits at #209 in the Zacks Industry Rank. Stocks in this group have gained about 8.84% so far this year, so APH is slightly underperforming its industry this group in terms of year-to-date returns.

Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to APH as it looks to continue its solid performance.


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