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Has Attunity (ATTU) Outpaced Other Computer and Technology Stocks This Year?

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The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Attunity been one of those stocks this year? 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.

Attunity is a member of the Computer and Technology sector. This group includes 624 individual stocks and currently holds a Zacks Sector Rank of #3. 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. ATTU is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for ATTU's full-year earnings has moved 150% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, ATTU has gained about 174.21% so far this year. At the same time, Computer and Technology stocks have gained an average of 11.29%. As we can see, Attunity is performing better than its sector in the calendar year.

Breaking things down more, ATTU is a member of the Internet - Software industry, which includes 70 individual companies and currently sits at #92 in the Zacks Industry Rank. On average, this group has gained an average of 27.96% so far this year, meaning that ATTU is performing better in terms of year-to-date returns.

ATTU will likely be looking to continue its solid performance, so investors interested Computer and Technology stocks should continue to pay close attention to the company.