Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Logitech International (LOGI - 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.
Logitech International is a member of the Computer and Technology sector. This group includes 616 individual stocks and currently holds a Zacks Sector Rank of #9. 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 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. LOGI is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for LOGI's full-year earnings has moved 77.33% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, LOGI has moved about 99.19% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 33.24%. This means that Logitech International is outperforming the sector as a whole this year.
To break things down more, LOGI belongs to the Computer - Peripheral Equipment industry, a group that includes 11 individual companies and currently sits at #178 in the Zacks Industry Rank. On average, this group has gained an average of 40.01% so far this year, meaning that LOGI is performing better in terms of year-to-date returns.
Investors in the Computer and Technology sector will want to keep a close eye on LOGI as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Logitech International (LOGI - 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.
Logitech International is a member of the Computer and Technology sector. This group includes 616 individual stocks and currently holds a Zacks Sector Rank of #9. 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 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. LOGI is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for LOGI's full-year earnings has moved 77.33% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
According to our latest data, LOGI has moved about 99.19% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 33.24%. This means that Logitech International is outperforming the sector as a whole this year.
To break things down more, LOGI belongs to the Computer - Peripheral Equipment industry, a group that includes 11 individual companies and currently sits at #178 in the Zacks Industry Rank. On average, this group has gained an average of 40.01% so far this year, meaning that LOGI is performing better in terms of year-to-date returns.
Investors in the Computer and Technology sector will want to keep a close eye on LOGI as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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