Investors focused on the Computer and Technology space have likely heard of Facebook , but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of FB and the rest of the Computer and Technology group's stocks.

Facebook is a member of the Computer and Technology sector. This group includes 627 individual stocks and currently holds a Zacks Sector Rank of #6. 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 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. FB is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for FB's full-year earnings has moved 8.69% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, FB has moved about 19.52% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 10.46%. This means that Facebook is performing better than its sector in terms of year-to-date returns.

Looking more specifically, FB belongs to the Internet - Services industry, which includes 43 individual stocks and currently sits at #99 in the Zacks Industry Rank. This group has gained an average of 2.02% so far this year, so FB is performing better in this area.

Investors in the Computer and Technology sector will want to keep a close eye on FB as it attempts to continue its solid performance.