The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has MeetMe been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
MeetMe is a member of the Computer and Technology sector. This group includes 642 individual stocks and currently holds a Zacks Sector Rank of #5. 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 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. MEET is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for MEET's full-year earnings has moved 7.84% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that MEET has returned about 17.93% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 12.49% on average. As we can see, MeetMe is performing better than its sector in the calendar year.
Breaking things down more, MEET is a member of the Internet - Software industry, which includes 83 individual companies and currently sits at #53 in the Zacks Industry Rank. On average, stocks in this group have gained 20.93% this year, meaning that MEET is slightly underperforming its industry in terms of year-to-date returns.
MEET 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 >>
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has MeetMe been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
MeetMe is a member of the Computer and Technology sector. This group includes 642 individual stocks and currently holds a Zacks Sector Rank of #5. 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 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. MEET is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for MEET's full-year earnings has moved 7.84% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that MEET has returned about 17.93% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 12.49% on average. As we can see, MeetMe is performing better than its sector in the calendar year.
Breaking things down more, MEET is a member of the Internet - Software industry, which includes 83 individual companies and currently sits at #53 in the Zacks Industry Rank. On average, stocks in this group have gained 20.93% this year, meaning that MEET is slightly underperforming its industry in terms of year-to-date returns.
MEET 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 >>