Is Astera Labs, Inc. (ALAB) Outperforming Other Computer and Technology Stocks This Year?

Group 1 - Astera Labs, Inc. (ALAB) is outperforming its peers in the Computer and Technology sector with a year-to-date return of approximately 45% compared to the sector average of 14.6% [4] - The Zacks Rank for Astera Labs is 1 (Strong Buy), indicating strong analyst sentiment and a positive earnings outlook, with a consensus estimate for full-year earnings increasing by 72.5% in the past quarter [3] - The Internet - Software industry, to which Astera Labs belongs, has an average gain of 23.7% this year, further highlighting ALAB's strong performance relative to its industry [5] Group 2 - The Computer and Technology group consists of 605 companies and is currently ranked 5 within the Zacks Sector Rank, which includes 16 different groups [2] - Another notable performer in the sector is Gilat Satellite (GILT), which has returned 48% year-to-date and also holds a Zacks Rank of 1 (Strong Buy) [4][5] - The Satellite and Communication industry, to which Gilat Satellite belongs, is ranked 28 and has seen a gain of 9.3% this year [6]