Are Computer and Technology Stocks Lagging Arlo Technologies (ARLO) This Year?

Core Insights - Arlo Technologies (ARLO) is outperforming the Computer and Technology sector with a year-to-date gain of 26.4%, compared to the sector's average gain of 23.6% [4] - The Zacks Consensus Estimate for ARLO's full-year earnings has increased by 228.6% in the past quarter, indicating improved analyst sentiment and earnings outlook [4] - Arlo Technologies holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for future performance [3] Company Performance - Arlo Technologies is part of the Internet - Software industry, which consists of 168 companies and currently ranks 66 in the Zacks Industry Rank [6] - The average gain for stocks in the Internet - Software industry this year is 4.4%, highlighting ARLO's superior performance [6] Sector Comparison - The Computer and Technology sector includes 604 stocks and has a Zacks Sector Rank of 3, indicating a relatively strong position among 16 sector groups [2] - Another notable performer in the sector is Alphabet Inc. (GOOG), which has returned 45.4% year-to-date and has a Zacks Rank of 2 (Buy) [5][7]