Are Computer and Technology Stocks Lagging Extreme Networks (EXTR) This Year?

Company Performance - Extreme Networks (EXTR) has shown a year-to-date performance increase of approximately 27.7%, significantly outperforming the Computer and Technology sector, which has returned an average of 12.9% [4] - The Zacks Consensus Estimate for EXTR's full-year earnings has increased by 6% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [4] - Extreme Networks holds a Zacks Rank of 2 (Buy), suggesting it has favorable characteristics for outperforming the market in the near term [3] Industry Context - Extreme Networks is part of the Computer - Networking industry, which has seen an average gain of 16.6% this year, indicating that EXTR is performing better than its immediate industry peers [6] - The Computer and Technology group, which includes 605 companies, ranks 5 in the Zacks Sector Rank, reflecting the overall strength of this sector [2] - Jabil (JBL), another stock in the Computer and Technology sector, has returned 42.3% year-to-date and has a Zacks Rank of 2 (Buy), showcasing strong performance within the sector [5]