Is Appian (APPN) Stock Outpacing Its Computer and Technology Peers This Year?

Group 1 - Appian (APPN) has shown strong year-to-date performance, returning approximately 28.3%, outperforming the average return of 27.5% for the Computer and Technology sector [4] - The Zacks Rank for Appian is currently 1 (Strong Buy), indicating a favorable outlook based on earnings estimate revisions and improving earnings outlooks [3] - The Zacks Consensus Estimate for Appian's full-year earnings has increased by 48.5% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - Appian is part of the Internet - Software industry, which consists of 168 companies and currently ranks 61 in the Zacks Industry Rank [6] - The Internet - Software industry has gained an average of 10.4% this year, indicating that Appian is performing better than its industry peers [6] - Another notable stock in the Computer and Technology sector is JFrog Ltd. (FROG), which has returned 118.7% year-to-date and has a Zacks Rank of 2 (Buy) [5]