Group 1 - Corning (GLW) has a year-to-date return of approximately 49.4%, outperforming the average gain of 31.7% in the Computer and Technology sector [2] - Corning currently holds a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [1] - The Zacks Consensus Estimate for Corning's full-year earnings has increased by 3.5% over the past three months, reflecting improving analyst sentiment [2] Group 2 - Corning is part of the Communication - Components industry, which has seen an average gain of 48% year-to-date, indicating strong performance within its specific industry [3] - In comparison, American Superconductor (AMSC), another outperforming stock in the Computer and Technology sector, has a year-to-date return of 146.2% and a Zacks Rank of 1 (Strong Buy) [2][3] - The Electronics - Miscellaneous Components industry, to which AMSC belongs, is currently ranked 180 and has only gained 9.2% year-to-date, highlighting the relative strength of Corning's industry [3]
Has Corning (GLW) Outpaced Other Computer and Technology Stocks This Year?