Is Fortinet (FTNT) Outperforming Other Computer and Technology Stocks This Year?

Group 1 - Fortinet (FTNT) is outperforming its peers in the Computer and Technology sector, with a year-to-date return of 60.6% compared to the sector average of 28.3% [4] - The Zacks Rank for Fortinet is 1 (Strong Buy), indicating strong analyst sentiment and an improving earnings outlook [3][4] - The Zacks Consensus Estimate for Fortinet's full-year earnings has increased by 9.4% over the past quarter, reflecting positive analyst sentiment [4] Group 2 - Fortinet is part of the Internet - Software industry, which has an average year-to-date return of 31.7%, further highlighting Fortinet's strong performance [6] - Another stock in the same sector, Innovid Corp. (CTV), has also shown significant performance with a year-to-date increase of 100.7% and a Zacks Rank of 1 [5][6] - Both Fortinet and Innovid Corp. are expected to continue their solid performance, making them attractive options for investors in the Computer and Technology sector [7]