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Has Lattice Semiconductor (LSCC) 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 Lattice Semiconductor (LSCC - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Lattice Semiconductor is one of 638 companies in the Computer and Technology group. The Computer and Technology group currently sits at #7 within 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 system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. LSCC is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for LSCC's full-year earnings has moved 22.07% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that LSCC has returned about 96.39% since the start of the calendar year. Meanwhile, the Computer and Technology sector has returned an average of 19.37% on a year-to-date basis. This means that Lattice Semiconductor is outperforming the sector as a whole this year.

Looking more specifically, LSCC belongs to the Electronics - Semiconductors industry, which includes 37 individual stocks and currently sits at #186 in the Zacks Industry Rank. This group has gained an average of 19.12% so far this year, so LSCC is performing better in this area.

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


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