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Has Vipshop Holdings (VIPS) Outpaced Other Computer and Technology Stocks This Year?

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Investors focused on the Computer and Technology space have likely heard of Vipshop Holdings (VIPS - 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.

Vipshop Holdings is a member of the Computer and Technology sector. This group includes 646 individual stocks and currently holds a Zacks Sector Rank of #3. 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 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. VIPS is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for VIPS's full-year earnings has moved 29.55% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that VIPS has returned about 44.32% since the start of the calendar year. In comparison, Computer and Technology companies have returned an average of 11.32%. This means that Vipshop Holdings is performing better than its sector in terms of year-to-date returns.

Looking more specifically, VIPS belongs to the Internet - Delivery Services industry, which includes 9 individual stocks and currently sits at #210 in the Zacks Industry Rank. Stocks in this group have gained about 9.52% so far this year, so VIPS is performing better this group in terms of year-to-date returns.

VIPS 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.


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