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Are Computer and Technology Stocks Lagging Amphenol (APH) This Year?

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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 Amphenol (APH - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.

Amphenol is one of 602 companies in the Computer and Technology group. The Computer and Technology group currently sits at #1 within 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 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. Amphenol is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for APH's full-year earnings has moved 8.6% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, APH has returned 99.5% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 29.3% on a year-to-date basis. This means that Amphenol is outperforming the sector as a whole this year.

Another stock in the Computer and Technology sector, Bel Fuse (BELFB - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 103%.

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

Looking more specifically, Amphenol belongs to the Electronics - Connectors industry, which includes 1 individual stocks and currently sits at #1 in the Zacks Industry Rank. On average, stocks in this group have gained 98.9% this year, meaning that APH is performing better in terms of year-to-date returns.

Bel Fuse, however, belongs to the Electronics - Miscellaneous Products industry. Currently, this 37-stock industry is ranked #50. The industry has moved +35.2% so far this year.

Investors interested in the Computer and Technology sector may want to keep a close eye on Amphenol and Bel Fuse as they attempt to continue their solid performance.


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