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Is Amphenol (APH) Stock Outpacing Its Computer and Technology Peers 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 Amphenol (APH - Free Report) been one of those stocks this year? 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.

Amphenol is one of 597 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

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. Amphenol is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for APH's full-year earnings has moved 5.8% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that APH has returned about 10.8% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 8.8% on average. This means that Amphenol is outperforming the sector as a whole this year.

ACM Research, Inc. (ACMR - 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 42.2%.

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).

Breaking things down more, Amphenol is a member of the Electronics - Connectors industry, which includes 2 individual companies and currently sits at #94 in the Zacks Industry Rank. On average, this group has gained an average of 10.8% so far this year, meaning that APH is slightly underperforming its industry in terms of year-to-date returns.

ACM Research, Inc., however, belongs to the Semiconductor Equipment - Material Services industry. Currently, this 1-stock industry is ranked #1. The industry has moved +45.9% so far this year.

Amphenol and ACM Research, Inc. could continue their solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to these stocks.

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