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 Advanced Energy Industries (AEIS) Stock Outpacing Its Computer and Technology Peers This Year?
Read MoreHide Full Article
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Advanced Energy Industries (AEIS - 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.
Advanced Energy Industries is a member of our Computer and Technology group, which includes 617 different companies and currently sits at #2 in the Zacks Sector Rank. 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Advanced Energy Industries is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for AEIS' full-year earnings has moved 13.8% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, AEIS has returned 10.6% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 8.8% on average. This means that Advanced Energy Industries is performing better than its sector in terms of year-to-date returns.
Another Computer and Technology stock, which has outperformed the sector so far this year, is Dell Technologies (DELL - Free Report) . The stock has returned 196.9% year-to-date.
Over the past three months, Dell Technologies' consensus EPS estimate for the current year has increased 38.3%. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Advanced Energy Industries belongs to the Semiconductor Equipment - Wafer Fabrication industry, a group that includes 2 individual companies and currently sits at #10 in the Zacks Industry Rank. On average, stocks in this group have gained 42% this year, meaning that AEIS is slightly underperforming its industry in terms of year-to-date returns.
Dell Technologies, however, belongs to the Computer - Micro Computers industry. Currently, this 5-stock industry is ranked #67. The industry has moved +34.4% so far this year.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Advanced Energy Industries and Dell Technologies as they could maintain their solid performance.
View the Zacks #1 Rank List
Image: Bigstock
Is Advanced Energy Industries (AEIS) Stock Outpacing Its Computer and Technology Peers This Year?
For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Advanced Energy Industries (AEIS - 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.
Advanced Energy Industries is a member of our Computer and Technology group, which includes 617 different companies and currently sits at #2 in the Zacks Sector Rank. 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Advanced Energy Industries is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for AEIS' full-year earnings has moved 13.8% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, AEIS has returned 10.6% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 8.8% on average. This means that Advanced Energy Industries is performing better than its sector in terms of year-to-date returns.
Another Computer and Technology stock, which has outperformed the sector so far this year, is Dell Technologies (DELL - Free Report) . The stock has returned 196.9% year-to-date.
Over the past three months, Dell Technologies' consensus EPS estimate for the current year has increased 38.3%. The stock currently has a Zacks Rank #1 (Strong Buy).
To break things down more, Advanced Energy Industries belongs to the Semiconductor Equipment - Wafer Fabrication industry, a group that includes 2 individual companies and currently sits at #10 in the Zacks Industry Rank. On average, stocks in this group have gained 42% this year, meaning that AEIS is slightly underperforming its industry in terms of year-to-date returns.
Dell Technologies, however, belongs to the Computer - Micro Computers industry. Currently, this 5-stock industry is ranked #67. The industry has moved +34.4% so far this year.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Advanced Energy Industries and Dell Technologies as they could maintain their solid performance.