We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Has Intel (INTC) Outpaced Other Computer and Technology Stocks This Year?
Read MoreHide Full Article
Investors focused on the Computer and Technology space have likely heard of Intel (INTC - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.
Intel is a member of the Computer and Technology sector. This group includes 659 individual stocks and currently holds a Zacks Sector Rank of #6. 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 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. INTC is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for INTC's full-year earnings has moved 9.07% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, INTC has moved about 5.78% on a year-to-date basis. Meanwhile, the Computer and Technology sector has returned an average of 1.02% on a year-to-date basis. This means that Intel is outperforming the sector as a whole this year.
Breaking things down more, INTC is a member of the Semiconductor - General industry, which includes 8 individual companies and currently sits at #108 in the Zacks Industry Rank. On average, stocks in this group have lost 2.35% this year, meaning that INTC is performing better in terms of year-to-date returns.
INTC will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Has Intel (INTC) Outpaced Other Computer and Technology Stocks This Year?
Investors focused on the Computer and Technology space have likely heard of Intel (INTC - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? 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.
Intel is a member of the Computer and Technology sector. This group includes 659 individual stocks and currently holds a Zacks Sector Rank of #6. 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 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. INTC is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for INTC's full-year earnings has moved 9.07% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, INTC has moved about 5.78% on a year-to-date basis. Meanwhile, the Computer and Technology sector has returned an average of 1.02% on a year-to-date basis. This means that Intel is outperforming the sector as a whole this year.
Breaking things down more, INTC is a member of the Semiconductor - General industry, which includes 8 individual companies and currently sits at #108 in the Zacks Industry Rank. On average, stocks in this group have lost 2.35% this year, meaning that INTC is performing better in terms of year-to-date returns.
INTC will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.