Investors focused on the Computer and Technology space have likely heard of Lattice Semiconductor (LSCC - Free Report) , 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.
Lattice Semiconductor is one of 647 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #2 in 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. LSCC is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for LSCC's full-year earnings has moved 3.23% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, LSCC has moved about 9.39% on a year-to-date basis. At the same time, Computer and Technology stocks have gained an average of 5.92%. This means that Lattice Semiconductor is performing better than its sector in terms of year-to-date returns.
To break things down more, LSCC belongs to the Electronics - Semiconductors industry, a group that includes 38 individual companies and currently sits at #82 in the Zacks Industry Rank. This group has gained an average of 5.44% so far this year, so LSCC is performing better in this area.
LSCC 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.
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 focused on the Computer and Technology space have likely heard of Lattice Semiconductor (LSCC - Free Report) , 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.
Lattice Semiconductor is one of 647 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #2 in 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. LSCC is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for LSCC's full-year earnings has moved 3.23% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, LSCC has moved about 9.39% on a year-to-date basis. At the same time, Computer and Technology stocks have gained an average of 5.92%. This means that Lattice Semiconductor is performing better than its sector in terms of year-to-date returns.
To break things down more, LSCC belongs to the Electronics - Semiconductors industry, a group that includes 38 individual companies and currently sits at #82 in the Zacks Industry Rank. This group has gained an average of 5.44% so far this year, so LSCC is performing better in this area.
LSCC 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.
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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