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Is Advanced Energy Industries (AEIS) Outperforming Other Computer and Technology Stocks This Year?
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The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Advanced Energy Industries (AEIS - Free Report) been one of those stocks this year? 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.
Advanced Energy Industries is a member of our Computer and Technology group, which includes 608 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. Advanced Energy Industries is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for AEIS' full-year earnings has moved 10.9% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, AEIS has returned 38.9% so far this year. In comparison, Computer and Technology companies have returned an average of -4.2%. As we can see, Advanced Energy Industries is performing better than its sector in the calendar year.
Another stock in the Computer and Technology sector, ACM Research, Inc. (ACMR - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 13.9%.
For ACM Research, Inc., the consensus EPS estimate for the current year has increased 20% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Advanced Energy Industries belongs to the Semiconductor Equipment - Wafer Fabrication industry, a group that includes 2 individual companies and currently sits at #6 in the Zacks Industry Rank. On average, this group has gained an average of 21.2% so far this year, meaning that AEIS is performing better in terms of year-to-date returns.
On the other hand, ACM Research, Inc. belongs to the Semiconductor Equipment - Material Services industry. This 1-stock industry is currently ranked #1. The industry has moved +17.2% year to date.
Investors interested in the Computer and Technology sector may want to keep a close eye on Advanced Energy Industries and ACM Research, Inc. as they attempt to continue their solid performance.
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Is Advanced Energy Industries (AEIS) Outperforming Other Computer and Technology Stocks 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. Has Advanced Energy Industries (AEIS - Free Report) been one of those stocks this year? 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.
Advanced Energy Industries is a member of our Computer and Technology group, which includes 608 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
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. Advanced Energy Industries is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past three months, the Zacks Consensus Estimate for AEIS' full-year earnings has moved 10.9% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, AEIS has returned 38.9% so far this year. In comparison, Computer and Technology companies have returned an average of -4.2%. As we can see, Advanced Energy Industries is performing better than its sector in the calendar year.
Another stock in the Computer and Technology sector, ACM Research, Inc. (ACMR - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 13.9%.
For ACM Research, Inc., the consensus EPS estimate for the current year has increased 20% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Advanced Energy Industries belongs to the Semiconductor Equipment - Wafer Fabrication industry, a group that includes 2 individual companies and currently sits at #6 in the Zacks Industry Rank. On average, this group has gained an average of 21.2% so far this year, meaning that AEIS is performing better in terms of year-to-date returns.
On the other hand, ACM Research, Inc. belongs to the Semiconductor Equipment - Material Services industry. This 1-stock industry is currently ranked #1. The industry has moved +17.2% year to date.
Investors interested in the Computer and Technology sector may want to keep a close eye on Advanced Energy Industries and ACM Research, Inc. as they attempt to continue their solid performance.