Back to top

Image: Bigstock

Has Tremor Video (TLRA) Outpaced Other Computer and Technology Stocks This Year?

Read MoreHide Full Article

Investors focused on the Computer and Technology space have likely heard of Tremor Video , but is the stock performing well in comparison to the rest of its sector peers? 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.

Tremor Video is a member of the Computer and Technology sector. This group includes 637 individual stocks and currently holds a Zacks Sector Rank of #7. 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. TLRA is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for TLRA's full-year earnings has moved 87.50% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Our latest available data shows that TLRA has returned about 199.27% since the start of the calendar year. In comparison, Computer and Technology companies have returned an average of 13.80%. As we can see, Tremor Video is performing better than its sector in the calendar year.

To break things down more, TLRA belongs to the Internet - Software and Services industry, a group that includes 20 individual companies and currently sits at #35 in the Zacks Industry Rank. This group has gained an average of 19.77% so far this year, so TLRA is performing better in this area.

Investors in the Computer and Technology sector will want to keep a close eye on TLRA as it attempts to continue its solid performance.

Published in