Are Computer and Technology Stocks Lagging Ericsson (ERIC) This Year?

Group 1 - Ericsson is part of the Computer and Technology sector, which includes 607 companies and ranks 8 in the Zacks Sector Rank [2] - The Zacks Rank model indicates that Ericsson has a Zacks Rank of 2 (Buy), with a 21.4% increase in the consensus estimate for full-year earnings over the past 90 days, reflecting improved analyst sentiment [3] - Year-to-date, Ericsson has returned approximately 9.9%, outperforming the Computer and Technology sector average return of -3% [4] Group 2 - Ericsson belongs to the Wireless Equipment industry, which consists of 12 stocks and currently ranks 18 in the Zacks Industry Rank, with an average gain of 3.9% this year [5] - Another stock in the sector, Celestica, has a year-to-date return of 23.5% and is part of the Electronics - Manufacturing Services industry, which has moved +11.2% this year [4][6] - Both Ericsson and Celestica are showing solid performance, making them noteworthy for investors interested in Computer and Technology stocks [6]