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 Compass (COMP) Outperforming Other Computer and Technology Stocks This Year?
Read MoreHide Full Article
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Compass, Inc. (COMP - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.
Compass, Inc. is one of 603 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. 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 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. Compass, Inc. is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for COMP's full-year earnings has moved 26.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, COMP has gained about 78.1% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 26.5% on a year-to-date basis. This means that Compass, Inc. is outperforming the sector as a whole this year.
One other Computer and Technology stock that has outperformed the sector so far this year is Cloudflare (NET - Free Report) . The stock is up 82.9% year-to-date.
The consensus estimate for Cloudflare's current year EPS has increased 14.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Compass, Inc. belongs to the Internet - Software industry, which includes 168 individual stocks and currently sits at #67 in the Zacks Industry Rank. On average, this group has gained an average of 5% so far this year, meaning that COMP is performing better in terms of year-to-date returns. Cloudflare is also part of the same industry.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Compass, Inc. and Cloudflare 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 Compass (COMP) Outperforming Other Computer and Technology Stocks This Year?
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Compass, Inc. (COMP - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.
Compass, Inc. is one of 603 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. 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 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. Compass, Inc. is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for COMP's full-year earnings has moved 26.3% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, COMP has gained about 78.1% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 26.5% on a year-to-date basis. This means that Compass, Inc. is outperforming the sector as a whole this year.
One other Computer and Technology stock that has outperformed the sector so far this year is Cloudflare (NET - Free Report) . The stock is up 82.9% year-to-date.
The consensus estimate for Cloudflare's current year EPS has increased 14.3% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Compass, Inc. belongs to the Internet - Software industry, which includes 168 individual stocks and currently sits at #67 in the Zacks Industry Rank. On average, this group has gained an average of 5% so far this year, meaning that COMP is performing better in terms of year-to-date returns. Cloudflare is also part of the same industry.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Compass, Inc. and Cloudflare as they could maintain their solid performance.