Is Fabrinet (FN) Stock Outpacing Its Computer and Technology Peers This Year?

Group 1 - Fabrinet (FN) is currently outperforming its peers in the Computer and Technology sector, with a year-to-date gain of approximately 30.4% compared to the sector's average return of 7% [4][5] - The Zacks Rank system, which emphasizes earnings estimates and revisions, has assigned Fabrinet a Zacks Rank of 2 (Buy), indicating a positive earnings outlook [3] - The consensus estimate for Fabrinet's full-year earnings has increased by 1.5% over the past quarter, reflecting improving analyst sentiment [3] Group 2 - Fabrinet belongs to the Electronics - Miscellaneous Components industry, which is ranked 72 in the Zacks Industry Rank, and has outperformed the average gain of 4.5% in this group [5] - Another stock in the Computer and Technology sector, CSG Systems (CSGS), has also shown strong performance with a year-to-date return of 28.4% and a Zacks Rank of 2 (Buy) [4][6] - The Computer - Services industry, to which CSG Systems belongs, is ranked 210 and has seen a gain of 5% this year, indicating a weaker performance compared to Fabrinet [6]