Group 1 - MakeMyTrip (MMYT) has returned approximately 92.1% year-to-date, significantly outperforming the average gain of 29.2% in the Computer and Technology sector [7] - The Zacks Consensus Estimate for MMYT's full-year earnings has increased by 12.5% over the past three months, indicating improved analyst sentiment and a more positive earnings outlook [3] - MakeMyTrip is classified under the Internet - Delivery Services industry, which is currently ranked 29 in the Zacks Industry Rank, with stocks in this group gaining about 27.3% year-to-date, showing that MMYT is performing better than its peers [8] Group 2 - Ouster, Inc. has seen a consensus EPS estimate increase of 33.9% over the past three months and currently holds a Zacks Rank of 2 (Buy) [4][6] - The Electronics - Miscellaneous Components industry, to which Ouster belongs, is ranked 182 and has experienced a gain of 12.1% so far this year [5] - Both MakeMyTrip and Ouster, Inc. are highlighted as stocks to watch for continued solid performance in the Computer and Technology sector [9]
Are Computer and Technology Stocks Lagging MakeMyTrip Limited (MMYT) This Year?