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 Vishay Intertechnology (VSH - 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.
Vishay Intertechnology is a member of the Computer and Technology sector. This group includes 627 individual stocks and currently holds a Zacks Sector Rank of #3. 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. VSH is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for VSH's full-year earnings has moved 15.29% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the latest available data, VSH has gained about 19.52% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 10.40% on a year-to-date basis. This means that Vishay Intertechnology is outperforming the sector as a whole this year.
Looking more specifically, VSH belongs to the Semiconductor - Discretes industry, a group that includes 3 individual stocks and currently sits at #123 in the Zacks Industry Rank. Stocks in this group have gained about 27.31% so far this year, so VSH is slightly underperforming its industry this group in terms of year-to-date returns.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to VSH as it looks to continue its solid performance.