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Are Computer and Technology Stocks Lagging Nova Ltd. (NVMI) This Year?
ZACKSยท2025-07-03 14:41

Group 1 - Nova Ltd. (NVMI) has shown strong year-to-date performance, returning 40.4%, significantly outperforming the average return of 7% for the Computer and Technology sector [4] - The Zacks Rank for Nova Ltd. is 1 (Strong Buy), indicating a favorable outlook based on earnings estimate revisions and improving earnings outlooks [3] - Over the past three months, the Zacks Consensus Estimate for NVMI's full-year earnings has increased by 3.9%, reflecting positive analyst sentiment [4] Group 2 - Nova Ltd. is part of the Electronics - Semiconductors industry, which consists of 44 companies and has gained approximately 13.3% year-to-date, indicating that NVMI is outperforming its industry peers [6] - IonQ, Inc. (IONQ) is another notable stock in the Computer and Technology sector, with a year-to-date return of 7.1% and a Zacks Rank of 2 (Buy) [5] - The Computer - Integrated Systems industry, to which IonQ belongs, has seen a year-to-date increase of 26.5%, ranking 19 among 11 industries [6]