Are Computer and Technology Stocks Lagging Analog Devices (ADI) This Year?

Company Performance - Analog Devices (ADI) has gained approximately 28.5% year-to-date, outperforming the Computer and Technology sector, which has returned an average of 27.5% [4] - The Zacks Consensus Estimate for ADI's full-year earnings has increased by 5.6% over the past quarter, indicating improving analyst sentiment and a positive earnings outlook [4] - Analog Devices holds a Zacks Rank of 2 (Buy), suggesting a favorable position for potential outperformance in the market [3] Industry Context - Analog Devices is part of the Semiconductor - Analog and Mixed industry, which includes 10 companies and currently ranks 58 in the Zacks Industry Rank [6] - The average gain for stocks in the Semiconductor - Analog and Mixed industry this year is 17.9%, indicating that ADI is performing better than its peers in this specific industry [6] - AXT (AXTI), another stock in the Computer and Technology sector, has significantly outperformed with a return of 441.9% year-to-date, and it also holds a Zacks Rank of 2 (Buy) [5]