We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Belden (BDC) Stock Outpacing Its Computer and Technology Peers This Year?
Read MoreHide Full Article
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Belden (BDC - 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.
Belden is a member of the Computer and Technology sector. This group includes 614 individual stocks and currently holds a Zacks Sector Rank of #2. 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. Belden is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BDC's full-year earnings has moved 5.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that BDC has returned about 18.4% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 18.3% on average. As we can see, Belden is performing better than its sector in the calendar year.
One other Computer and Technology stock that has outperformed the sector so far this year is Cognex Corporation (CGNX - Free Report) . The stock is up 68.6% year-to-date.
In Cognex Corporation's case, the consensus EPS estimate for the current year increased 16.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Belden belongs to the Communication - Components industry, a group that includes 13 individual companies and currently sits at #78 in the Zacks Industry Rank. On average, this group has gained an average of 101% so far this year, meaning that BDC is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Cognex Corporation belongs to the Electronics - Testing Equipment industry. This 4-stock industry is currently ranked #34. The industry has moved +26.6% year to date.
Investors interested in the Computer and Technology sector may want to keep a close eye on Belden and Cognex Corporation as they attempt to continue their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Is Belden (BDC) Stock Outpacing Its Computer and Technology Peers This Year?
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Belden (BDC - 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.
Belden is a member of the Computer and Technology sector. This group includes 614 individual stocks and currently holds a Zacks Sector Rank of #2. 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. Belden is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for BDC's full-year earnings has moved 5.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that BDC has returned about 18.4% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 18.3% on average. As we can see, Belden is performing better than its sector in the calendar year.
One other Computer and Technology stock that has outperformed the sector so far this year is Cognex Corporation (CGNX - Free Report) . The stock is up 68.6% year-to-date.
In Cognex Corporation's case, the consensus EPS estimate for the current year increased 16.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
To break things down more, Belden belongs to the Communication - Components industry, a group that includes 13 individual companies and currently sits at #78 in the Zacks Industry Rank. On average, this group has gained an average of 101% so far this year, meaning that BDC is slightly underperforming its industry in terms of year-to-date returns.
On the other hand, Cognex Corporation belongs to the Electronics - Testing Equipment industry. This 4-stock industry is currently ranked #34. The industry has moved +26.6% year to date.
Investors interested in the Computer and Technology sector may want to keep a close eye on Belden and Cognex Corporation as they attempt to continue their solid performance.