Is Ouster (OUST) Outperforming Other Computer and Technology Stocks This Year?

Group 1 - Ouster, Inc. (OUST) has returned approximately 151.5% year-to-date, significantly outperforming the average gain of 18.9% in the Computer and Technology sector [4] - Ouster, Inc. holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook based on improving earnings estimates [3] - The Zacks Consensus Estimate for Ouster's full-year earnings has increased by 9.2% over the past three months, reflecting improved analyst sentiment [4] Group 2 - Ouster, Inc. is part of the Electronics - Miscellaneous Components industry, which consists of 24 stocks and currently ranks 65 in the Zacks Industry Rank [6] - The average gain for stocks in the Electronics - Miscellaneous Components industry this year is 35.5%, indicating that Ouster is performing better than its industry peers [6] - Credo Technology Group Holding Ltd. (CRDO), another stock in the Computer and Technology sector, has returned 137.1% year-to-date and has a Zacks Rank of 1 (Strong Buy) [5]