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Has Agilent Technologies (A) Outpaced Other Computer and Technology Stocks This Year?

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Investors focused on the Computer and Technology space have likely heard of Agilent Technologies (A - Free Report) , but is the stock performing well in comparison to the rest of its sector peers? Let's take a closer look at the stock's year-to-date performance to find out.

Agilent Technologies is a member of the Computer and Technology sector. This group includes 627 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

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

Over the past 90 days, the Zacks Consensus Estimate for A's full-year earnings has moved 4.40% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the most recent data, A has returned 50.24% so far this year. In comparison, Computer and Technology companies have returned an average of 27.06%. As we can see, Agilent Technologies is performing better than its sector in the calendar year.

To break things down more, A belongs to the Electronics - Testing Equipment industry, a group that includes 7 individual companies and currently sits at #71 in the Zacks Industry Rank. On average, this group has gained an average of 17.57% so far this year, meaning that An is performing better in terms of year-to-date returns.

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


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