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Is Dell Technologies (DELL) Stock Outpacing Its Computer and Technology Peers 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. Is Dell Technologies (DELL - Free Report) one of those stocks right now? 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.

Dell Technologies is a member of the Computer and Technology sector. This group includes 613 individual stocks and currently holds a Zacks Sector Rank of #2. 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. Dell Technologies is currently sporting a Zacks Rank of #1 (Strong Buy).

The Zacks Consensus Estimate for DELL's full-year earnings has moved 49.4% higher within the past quarter. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the most recent data, DELL has returned 227.8% so far this year. At the same time, Computer and Technology stocks have gained an average of 16.5%. This shows that Dell Technologies is outperforming its peers so far this year.

Another Computer and Technology stock, which has outperformed the sector so far this year, is FormFactor (FORM - Free Report) . The stock has returned 107.6% year-to-date.

Over the past three months, FormFactor's consensus EPS estimate for the current year has increased 43.4%. The stock currently has a Zacks Rank #1 (Strong Buy).

To break things down more, Dell Technologies belongs to the Computer - Micro Computers industry, a group that includes 5 individual companies and currently sits at #18 in the Zacks Industry Rank. This group has gained an average of 24.7% so far this year, so DELL is performing better in this area.

FormFactor, however, belongs to the Electronics - Semiconductors industry. Currently, this 50-stock industry is ranked #43. The industry has moved +44% so far this year.

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

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