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Are Computer and Technology Stocks Lagging Amphenol (APH) 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. Has Amphenol (APH - 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.

Amphenol is one of 592 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 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 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. 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 10.1% 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 19.2% since the start of the calendar year. In comparison, Computer and Technology companies have returned an average of 17.1%. This shows that Amphenol is outperforming its peers so far this year.

One other Computer and Technology stock that has outperformed the sector so far this year is Ambiq Micro, Inc. (AMBQ - Free Report) . The stock is up 177.6% year-to-date.

Over the past three months, Ambiq Micro, Inc.'s consensus EPS estimate for the current year has increased 28.7%. The stock currently has a Zacks Rank #2 (Buy).

Breaking things down more, Amphenol is a member of the Electronics - Connectors industry, which includes 2 individual companies and currently sits at #29 in the Zacks Industry Rank. On average, stocks in this group have gained 19.3% this year, meaning that APH is slightly underperforming its industry in terms of year-to-date returns.

Ambiq Micro, Inc., however, belongs to the Electronics - Semiconductors industry. Currently, this 47-stock industry is ranked #58. The industry has moved +57.3% so far this year.

Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Amphenol and Ambiq Micro, Inc. as they could maintain their solid performance.

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