The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Vishay Intertechnology (VSH - 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.
Vishay Intertechnology is a member of our Computer and Technology group, which includes 625 different companies and currently sits at #3 in the Zacks Sector Rank. 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 proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. VSH is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for VSH's full-year earnings has moved 12.17% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, VSH has moved about 5.30% on a year-to-date basis. Meanwhile, the Computer and Technology sector has returned an average of 10.33% on a year-to-date basis. This means that Vishay Intertechnology is outperforming the sector as a whole this year.
To break things down more, VSH belongs to the Semiconductor - Discretes industry, a group that includes 3 individual companies and currently sits at #42 in the Zacks Industry Rank. This group has gained an average of 14.64% so far this year, so VSH is slightly underperforming its industry in this area.
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.