Is Inseego (INSG) Outperforming Other Computer and Technology Stocks This Year?

Group 1 - Inseego (INSG) is currently outperforming its peers in the Computer and Technology group, with a year-to-date gain of approximately 563.8% compared to the sector average return of 21.6% [4] - The Zacks Rank for Inseego is 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for full-year earnings having increased by 74.4% in the past quarter [3] - Inseego belongs to the Internet - Software industry, which has 141 companies and is ranked 92 in the Zacks Industry Rank, with an average gain of 15.7% this year [5] Group 2 - The Computer and Technology group consists of 617 companies and is currently ranked 7 within the Zacks Sector Rank, which includes 16 different groups [2] - NetApp (NTAP), another stock in the Computer and Technology sector, has returned 36.9% since the beginning of the year and also holds a Zacks Rank of 2 (Buy) [4][5] - The Computer-Storage Devices industry, which includes NetApp, has 7 stocks and is ranked 96, with an industry gain of 34.5% this year [6]