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 ACM Research (ACMR) Stock Outpacing Its Computer and Technology Peers This Year?
Read MoreHide Full Article
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. ACM Research, Inc. (ACMR - 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.
ACM Research, Inc. is one of 608 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #7 in 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 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. ACM Research, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for ACMR's full-year earnings has moved 40.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ACMR has returned 22.2% so far this year. Meanwhile, the Computer and Technology sector has returned an average of -17.3% on a year-to-date basis. This means that ACM Research, Inc. is outperforming the sector as a whole this year.
Another Computer and Technology stock, which has outperformed the sector so far this year, is Pitney Bowes (PBI - Free Report) . The stock has returned 11.7% year-to-date.
In Pitney Bowes' case, the consensus EPS estimate for the current year increased 12% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, ACM Research, Inc. belongs to the Semiconductor Equipment - Material Services industry, a group that includes 1 individual stocks and currently sits at #1 in the Zacks Industry Rank. On average, stocks in this group have gained 4.2% this year, meaning that ACMR is performing better in terms of year-to-date returns.
Pitney Bowes, however, belongs to the Office Automation and Equipment industry. Currently, this 5-stock industry is ranked #208. The industry has moved +11.7% so far this year.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to ACM Research, Inc. and Pitney Bowes as they could maintain their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is ACM Research (ACMR) Stock Outpacing Its Computer and Technology Peers This Year?
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. ACM Research, Inc. (ACMR - 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.
ACM Research, Inc. is one of 608 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #7 in 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 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. ACM Research, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for ACMR's full-year earnings has moved 40.4% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ACMR has returned 22.2% so far this year. Meanwhile, the Computer and Technology sector has returned an average of -17.3% on a year-to-date basis. This means that ACM Research, Inc. is outperforming the sector as a whole this year.
Another Computer and Technology stock, which has outperformed the sector so far this year, is Pitney Bowes (PBI - Free Report) . The stock has returned 11.7% year-to-date.
In Pitney Bowes' case, the consensus EPS estimate for the current year increased 12% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, ACM Research, Inc. belongs to the Semiconductor Equipment - Material Services industry, a group that includes 1 individual stocks and currently sits at #1 in the Zacks Industry Rank. On average, stocks in this group have gained 4.2% this year, meaning that ACMR is performing better in terms of year-to-date returns.
Pitney Bowes, however, belongs to the Office Automation and Equipment industry. Currently, this 5-stock industry is ranked #208. The industry has moved +11.7% so far this year.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to ACM Research, Inc. and Pitney Bowes as they could maintain their solid performance.