Is ServiceNow (NOW) Outperforming Other Computer and Technology Stocks This Year?

Group 1 - ServiceNow is part of the Computer and Technology sector, which includes 619 individual stocks and holds a Zacks Sector Rank of 2 [2] - The Zacks Rank system emphasizes earnings estimates and revisions, with ServiceNow currently holding a Zacks Rank of 2 (Buy) [3] - The Zacks Consensus Estimate for ServiceNow's full-year earnings has increased by 4.2% in the past quarter, indicating improved analyst sentiment [3] Group 2 - ServiceNow has returned 47.4% year-to-date, outperforming the average gain of 28.1% for the Computer and Technology sector [4] - ServiceNow belongs to the Computers - IT Services industry, which has 40 stocks and is currently ranked 39 in the Zacks Industry Rank, with an average gain of 16% this year [5] - Investors should continue to monitor ServiceNow as it is expected to maintain strong performance in the Computer and Technology sector [6]