We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is ATN International (ATNI) Outperforming Other Computer and Technology Stocks This Year?
Read MoreHide Full Article
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. ATN International (ATNI - 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? 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.
ATN International is one of 611 companies in the Computer and Technology group. The Computer and Technology group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. ATN International is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ATNI's full-year earnings has moved 63.7% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ATNI has returned about 2.6% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have lost about 16.3% on average. This shows that ATN International is outperforming its peers so far this year.
InterDigital (IDCC - Free Report) is another Computer and Technology stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 4.6%.
Over the past three months, InterDigital's consensus EPS estimate for the current year has increased 57.2%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, ATN International belongs to the Wireless National industry, a group that includes 10 individual stocks and currently sits at #25 in the Zacks Industry Rank. On average, stocks in this group have gained 12.9% this year, meaning that ATNI is slightly underperforming its industry in terms of year-to-date returns.
In contrast, InterDigital falls under the Wireless Equipment industry. Currently, this industry has 12 stocks and is ranked #56. Since the beginning of the year, the industry has moved -6.4%.
ATN International and InterDigital could continue their solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to these stocks.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is ATN International (ATNI) Outperforming Other Computer and Technology Stocks This Year?
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. ATN International (ATNI - 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? 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.
ATN International is one of 611 companies in the Computer and Technology group. The Computer and Technology group currently sits at #6 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.
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. ATN International is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ATNI's full-year earnings has moved 63.7% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that ATNI has returned about 2.6% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have lost about 16.3% on average. This shows that ATN International is outperforming its peers so far this year.
InterDigital (IDCC - Free Report) is another Computer and Technology stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 4.6%.
Over the past three months, InterDigital's consensus EPS estimate for the current year has increased 57.2%. The stock currently has a Zacks Rank #1 (Strong Buy).
Looking more specifically, ATN International belongs to the Wireless National industry, a group that includes 10 individual stocks and currently sits at #25 in the Zacks Industry Rank. On average, stocks in this group have gained 12.9% this year, meaning that ATNI is slightly underperforming its industry in terms of year-to-date returns.
In contrast, InterDigital falls under the Wireless Equipment industry. Currently, this industry has 12 stocks and is ranked #56. Since the beginning of the year, the industry has moved -6.4%.
ATN International and InterDigital could continue their solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to these stocks.