Are Computer and Technology Stocks Lagging Allot (ALLT) This Year?

Group 1 - Allot Communications (ALLT) is part of the Computer and Technology group, which is currently ranked 1 within the Zacks Sector Rank, indicating strong overall performance in this sector [2] - The Zacks Rank system, which focuses on earnings estimates and revisions, has given Allot Communications a Zacks Rank of 1 (Strong Buy), suggesting a positive outlook for the stock [3] - Over the past 90 days, the Zacks Consensus Estimate for ALLT's full-year earnings has increased by 140%, reflecting improved analyst sentiment and a positive earnings outlook [4] Group 2 - Since the beginning of the calendar year, Allot Communications has returned approximately 72.3%, significantly outperforming the average gain of 28.6% for stocks in the Computer and Technology group [4] - Allot Communications belongs to the Internet - Software industry, which has 168 stocks and is currently ranked 57 in the Zacks Industry Rank, indicating better performance compared to the industry average gain of 9.5% this year [6] - In contrast, Navitas Semiconductor Corporation (NVTS), another stock in the Computer and Technology sector, has achieved a year-to-date return of 157.1% and has a Zacks Rank of 2 (Buy) [5]