Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has ACI Worldwide (ACIW) been one of those stocks this year? 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.
ACI Worldwide is a member of our Computer and Technology group, which includes 613 different companies and currently sits at #3 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. ACI Worldwide is currently sporting a Zacks Rank of #2 (Buy).
Within the past quarter, the Zacks Consensus Estimate for ACIW's full-year earnings has moved 5.9% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.
Based on the most recent data, ACIW has returned 18% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 17% on average. This shows that ACI Worldwide is outperforming its peers so far this year.
Another Computer and Technology stock, which has outperformed the sector so far this year, is Amphenol (APH). The stock has returned 17.7% year-to-date.
The consensus estimate for Amphenol's current year EPS has increased 10.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, ACI Worldwide belongs to the Computer - Software industry, a group that includes 22 individual stocks and currently sits at #91 in the Zacks Industry Rank. This group has lost an average of 22.9% so far this year, so ACIW is performing better in this area.
Amphenol, however, belongs to the Electronics - Connectors industry. Currently, this 2-stock industry is ranked #223. The industry has moved +17.8% so far this year.
ACI Worldwide and Amphenol could continue their solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to these stocks.
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ACI Worldwide, Inc. (ACIW): Free Stock Analysis Report
Amphenol Corporation (APH): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).