Group 1 - Impinj (PI) is currently outperforming its peers in the Computer and Technology sector, with a year-to-date return of 36.2% compared to the sector average of 21.6% [4] - The Zacks Rank for Impinj is 1 (Strong Buy), indicating a positive outlook based on earnings estimates and revisions [3] - Over the past 90 days, the Zacks Consensus Estimate for Impinj's full-year earnings has increased by 1233.3%, reflecting improved analyst sentiment [4] Group 2 - Impinj is part of the Electronics - Semiconductors industry, which has gained an average of 37.6% this year, indicating that Impinj is slightly underperforming its industry [6] - Another notable stock in the Computer and Technology sector is Arqit Quantum Inc. (ARQQ), which has seen a year-to-date increase of 49.7% and has a Zacks Rank of 2 (Buy) [5] - The Internet - Software industry, where Arqit Quantum Inc. belongs, has moved up by 17.1% since the beginning of the year [6]
Is Impinj (PI) Outperforming Other Computer and Technology Stocks This Year?