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Are Computer and Technology Stocks Lagging IHS Holding (IHS) This Year?

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Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. IHS Holding (IHS - 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? Let's take a closer look at the stock's year-to-date performance to find out.

IHS Holding is a member of the Computer and Technology sector. This group includes 608 individual stocks and currently holds a Zacks Sector Rank of #8. 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. IHS Holding is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for IHS' full-year earnings has moved 30.9% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, IHS has returned 86.3% so far this year. At the same time, Computer and Technology stocks have lost an average of 8.7%. This means that IHS Holding is outperforming the sector as a whole this year.

Oddity Tech (ODD - 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 56.3%.

The consensus estimate for Oddity Tech's current year EPS has increased 10.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, IHS Holding belongs to the Communication - Infrastructure industry, a group that includes 4 individual stocks and currently sits at #94 in the Zacks Industry Rank. On average, stocks in this group have gained 18.5% this year, meaning that IHS is performing better in terms of year-to-date returns.

Oddity Tech, however, belongs to the Internet - Software industry. Currently, this 167-stock industry is ranked #90. The industry has moved -2.2% so far this year.

Investors interested in the Computer and Technology sector may want to keep a close eye on IHS Holding and Oddity Tech as they attempt to continue their solid performance.


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