Group 1 - Clearwater Analytics (CWAN) has returned 55% year-to-date, outperforming the Computer and Technology sector's average return of 29.1% [4] - The Zacks Consensus Estimate for CWAN's full-year earnings has increased by 1.5% over the past 90 days, indicating improved analyst sentiment [4] - Clearwater Analytics is ranked 2 (Buy) in the Zacks Rank, which is a stock-picking model focusing on earnings estimates and revisions [3] Group 2 - Clearwater Analytics belongs to the Internet - Software industry, which has 145 companies and is currently ranked 39 in the Zacks Industry Rank [6] - The average return for the Internet - Software industry this year is 33.3%, showing that CWAN is performing better than its industry peers [6] - In contrast, AST SpaceMobile, Inc. (ASTS), another stock in the Computer and Technology sector, has a year-to-date return of 294.9% and is ranked 2 (Buy) [5]
Are Computer and Technology Stocks Lagging Clearwater Analytics Holdings (CWAN) This Year?