Is Flex (FLEX) Stock Outpacing Its Computer and Technology Peers This Year?

Core Viewpoint - Flex (FLEX) has shown strong year-to-date performance compared to the broader Computer and Technology sector, which has experienced negative returns [1][4]. Company Performance - Flex has returned 9.6% year-to-date, significantly outperforming the Computer and Technology sector's average return of -1.3% [4]. - The Zacks Consensus Estimate for Flex's full-year earnings has increased by 2.5% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [3]. Industry Context - Flex is part of the Electronics - Miscellaneous Products industry, which consists of 34 companies and currently ranks 155 in the Zacks Industry Rank. This industry has seen an average gain of 6.8% year-to-date, further highlighting Flex's superior performance [5]. - In contrast, Bentley Systems, Incorporated, another stock in the Computer and Technology sector, has a year-to-date return of 2.7% and belongs to the Internet - Software industry, which has performed better with a 10.1% increase year-to-date [4][6].