Company Performance - Neonode (NEON) has returned approximately 10.1% year-to-date, significantly outperforming the average return of -17.1% for the Computer and Technology sector [4] - The Zacks Consensus Estimate for Neonode's full-year earnings has increased by 30.4% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [3] Industry Context - Neonode is part of the Computer - Software industry, which consists of 32 companies and currently ranks 76 in the Zacks Industry Rank. This industry has experienced a loss of about 13.4% year-to-date, highlighting Neonode's superior performance within this group [5] - The Computer and Technology group, which includes Neonode, ranks 5 within the Zacks Sector Rank, reflecting the overall strength of this sector [2] Comparison with Peers - Another stock in the Computer and Technology sector, PLDT (PHI), has also outperformed the sector with a year-to-date increase of 4% [4] - PLDT's consensus EPS estimate has risen by 0.3% over the past three months, and it holds a Zacks Rank of 2 (Buy), similar to Neonode [5]
Is Neonode (NEON) Outperforming Other Computer and Technology Stocks This Year?