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Is Entegris (ENTG) Outperforming Other Computer and Technology Stocks 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 Entegris (ENTG - Free Report) one of those stocks right now? 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.
Entegris is one of 613 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. 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. Entegris is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ENTG's full-year earnings has moved 8.7% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, ENTG has gained about 80.3% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 22.6% on a year-to-date basis. This shows that Entegris is outperforming its peers so far this year.
BlackBerry (BB - 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 116.6%.
In BlackBerry's case, the consensus EPS estimate for the current year increased 5.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Entegris belongs to the Electronics - Semiconductors industry, which includes 49 individual stocks and currently sits at #49 in the Zacks Industry Rank. Stocks in this group have gained about 35.4% so far this year, so ENTG is performing better this group in terms of year-to-date returns.
On the other hand, BlackBerry belongs to the Internet - Software industry. This 174-stock industry is currently ranked #89. The industry has moved +9.2% year to date.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Entegris and BlackBerry as they could maintain their solid performance.
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Is Entegris (ENTG) Outperforming Other Computer and Technology Stocks This Year?
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Entegris (ENTG - Free Report) one of those stocks right now? 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.
Entegris is one of 613 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #2 in the Zacks Sector Rank. 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. Entegris is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for ENTG's full-year earnings has moved 8.7% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, ENTG has gained about 80.3% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 22.6% on a year-to-date basis. This shows that Entegris is outperforming its peers so far this year.
BlackBerry (BB - 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 116.6%.
In BlackBerry's case, the consensus EPS estimate for the current year increased 5.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Entegris belongs to the Electronics - Semiconductors industry, which includes 49 individual stocks and currently sits at #49 in the Zacks Industry Rank. Stocks in this group have gained about 35.4% so far this year, so ENTG is performing better this group in terms of year-to-date returns.
On the other hand, BlackBerry belongs to the Internet - Software industry. This 174-stock industry is currently ranked #89. The industry has moved +9.2% year to date.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Entegris and BlackBerry as they could maintain their solid performance.