Is StoneCo (STNE) Outperforming Other Computer and Technology Stocks This Year?

Group 1 - StoneCo Ltd. (STNE) is a notable stock in the Computer and Technology sector, which is currently ranked 3 within the Zacks Sector Rank [2] - The Zacks Rank system indicates that StoneCo Ltd. has a strong buy rating with a Zacks Rank of 1, suggesting a favorable earnings outlook [3] - Year-to-date, StoneCo Ltd. has returned approximately 143.4%, significantly outperforming the average sector return of 22.4% [4] Group 2 - StoneCo Ltd. is part of the Internet - Software industry, which includes 172 stocks and is currently ranked 71 in the Zacks Industry Rank [6] - The Internet - Software industry has an average year-to-date gain of 26.5%, indicating that StoneCo Ltd. is performing better than its industry peers [6] - Another stock in the Computer and Technology sector, Flux Power Holdings, Inc. (FLUX), has also shown strong performance with a year-to-date increase of 63.3% [5][7]