Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Attunity 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.
Attunity is one of 627 companies in the Computer and Technology group. The Computer and Technology group currently sits at #3 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. ATTU is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for ATTU's full-year earnings has moved 150% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, ATTU has gained about 174.07% so far this year. At the same time, Computer and Technology stocks have gained an average of 10.40%. This means that Attunity is performing better than its sector in terms of year-to-date returns.
Looking more specifically, ATTU belongs to the Internet - Software industry, which includes 70 individual stocks and currently sits at #109 in the Zacks Industry Rank. This group has gained an average of 22.46% so far this year, so ATTU is performing better in this area.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to ATTU as it looks to continue its solid performance.
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Has Attunity (ATTU) Outpaced Other Computer and Technology Stocks This Year?
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Attunity 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.
Attunity is one of 627 companies in the Computer and Technology group. The Computer and Technology group currently sits at #3 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. ATTU is currently sporting a Zacks Rank of #1 (Strong Buy).
The Zacks Consensus Estimate for ATTU's full-year earnings has moved 150% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, ATTU has gained about 174.07% so far this year. At the same time, Computer and Technology stocks have gained an average of 10.40%. This means that Attunity is performing better than its sector in terms of year-to-date returns.
Looking more specifically, ATTU belongs to the Internet - Software industry, which includes 70 individual stocks and currently sits at #109 in the Zacks Industry Rank. This group has gained an average of 22.46% so far this year, so ATTU is performing better in this area.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to ATTU as it looks to continue its solid performance.