Group 1 - Cirrus Logic (CRUS) has shown strong performance in the Computer and Technology sector, returning 19.1% year-to-date, significantly outperforming the sector average of -0% [4] - The Zacks Rank for Cirrus Logic is currently 1 (Strong Buy), indicating a positive earnings outlook with a 14.1% increase in the consensus estimate for full-year earnings over the past quarter [3] - Cirrus Logic belongs to the Electronics - Semiconductors industry, which has an average gain of 6.8% this year, further highlighting CRUS's superior performance within its industry [5] Group 2 - The Computer and Technology group is ranked 5 within the Zacks Sector Rank, which evaluates 16 different groups based on the average Zacks Rank of individual stocks [2] - Another stock in the Computer and Technology sector, KE Holdings Inc. Sponsored ADR (BEKE), has also outperformed the sector with a year-to-date return of 19.5% [4] - The Internet - Services industry, where KE Holdings operates, is ranked 155 and has seen a decline of -1.3% since the beginning of the year, contrasting with the performance of Cirrus Logic [6]
Is Cirrus Logic (CRUS) Outperforming Other Computer and Technology Stocks This Year?