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Is Keysight Technologies (KEYS) Outperforming 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. Keysight Technologies (KEYS - Free Report) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of KEYS and the rest of the Computer and Technology group's stocks.

Keysight Technologies is a member of the Computer and Technology sector. This group includes 635 individual stocks and currently holds a Zacks Sector Rank of #7. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

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. KEYS is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for KEYS's full-year earnings has moved 6.01% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

According to our latest data, KEYS has moved about 39.21% on a year-to-date basis. Meanwhile, stocks in the Computer and Technology group have gained about 19.86% on average. This shows that Keysight Technologies is outperforming its peers so far this year.

Breaking things down more, KEYS is a member of the Electronics - Measuring Instruments industry, which includes 8 individual companies and currently sits at #237 in the Zacks Industry Rank. Stocks in this group have gained about 32.02% so far this year, so KEYS is performing better this group in terms of year-to-date returns.

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


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