Group 1 - Baidu Inc. (BIDU) is a notable stock within the Computer and Technology sector, which ranks 4 among 16 groups in the Zacks Sector Rank [2] - Baidu Inc. currently holds a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - Over the past 90 days, the Zacks Consensus Estimate for Baidu's full-year earnings has increased by 2.5%, reflecting improved analyst sentiment [3] Group 2 - Year-to-date, Baidu Inc. has returned 3.4%, outperforming the Computer and Technology sector, which has an average return of -5.8% [4] - Baidu Inc. belongs to the Internet - Services industry, which ranks 85 in the Zacks Industry Rank, with stocks in this group losing about 8.3% year-to-date [5] - In comparison, Genius Sports Limited (GENI), another outperforming stock in the sector, has returned 7.6% year-to-date and is part of the Internet - Content industry, which has moved +5.8% since the beginning of the year [4][6]
Are Computer and Technology Stocks Lagging Baidu (BIDU) This Year?