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Is BWX Technologies (BWXT) Outperforming Other Computer and Technology Stocks This Year?
BWX TechnologiesBWX Technologies(US:BWXT) ZACKSยท2024-11-26 15:41

Company Performance - BWX Technologies (BWXT) has gained approximately 69.9% year-to-date, significantly outperforming the average gain of 28.5% in the Computer and Technology sector [4] - The Zacks Consensus Estimate for BWXT's full-year earnings has increased by 1% over the past three months, indicating improved analyst sentiment and a stronger earnings outlook [4] Industry Comparison - BWX Technologies is part of the Electronics - Miscellaneous Components industry, which consists of 28 companies and currently ranks 43 in the Zacks Industry Rank. This industry has seen an average gain of 11.4% this year, highlighting BWXT's superior performance [6] - In contrast, Celestica (CLS), another outperforming stock in the Computer and Technology sector, belongs to the Electronics - Manufacturing Services industry, which has gained 40.6% year-to-date and ranks 19 [5][7] Zacks Rank - BWX Technologies holds a Zacks Rank of 2 (Buy), suggesting it has the characteristics to outperform the market in the near term [3] - The Zacks Rank system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks, which applies to BWXT [3]