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Are Computer and Technology Stocks Lagging BE Semiconductor Industries (BESIY) 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 BE Semiconductor Industries NV (BESIY - 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.

BE Semiconductor Industries NV is a member of the Computer and Technology sector. This group includes 613 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

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. BE Semiconductor Industries NV is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for BESIY's full-year earnings has moved 8.5% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Our latest available data shows that BESIY has returned about 38.8% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 22.8% on average. This shows that BE Semiconductor Industries NV is outperforming its peers so far this year.

One other Computer and Technology stock that has outperformed the sector so far this year is Dell Technologies (DELL - Free Report) . The stock is up 357% year-to-date.

In Dell Technologies' case, the consensus EPS estimate for the current year increased 41.8% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).

Looking more specifically, BE Semiconductor Industries NV belongs to the Electronics - Manufacturing Machinery industry, a group that includes 6 individual stocks and currently sits at #24 in the Zacks Industry Rank. On average, stocks in this group have gained 89.1% this year, meaning that BESIY is slightly underperforming its industry in terms of year-to-date returns.

On the other hand, Dell Technologies belongs to the Computer - Micro Computers industry. This 5-stock industry is currently ranked #44. The industry has moved +31.7% year to date.

Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to BE Semiconductor Industries NV and Dell Technologies as they could maintain their solid performance.

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