Group 1 - InterDigital (IDCC) is currently ranked 2 (Buy) in the Zacks Rank, indicating a positive earnings outlook with a 15.1% increase in the full-year earnings estimate over the past quarter [3] - Year-to-date, InterDigital has returned 16.9%, outperforming the average gain of 10.6% in the Computer and Technology group [4] - InterDigital belongs to the Wireless Equipment industry, which is ranked 163 in the Zacks Industry Rank, with stocks in this group gaining about 8.6% year-to-date, indicating that IDCC is performing better than its peers [5] Group 2 - The Computer and Technology group consists of 606 companies and is currently ranked 4 within the Zacks Sector Rank [2] - Corning (GLW), another stock in the Computer and Technology sector, has a year-to-date return of 13.4% and holds a Zacks Rank 1 (Strong Buy) [4][5] - The Communication - Components industry, to which Corning belongs, is ranked 97 and has seen a gain of 9.1% year-to-date [6]
Is InterDigital (IDCC) Outperforming Other Computer and Technology Stocks This Year?