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Are Computer and Technology Stocks Lagging Angi (ANGI) This Year?
ANGI HomeservicesANGI Homeservices(US:ANGI) Zacks Investment Researchยท2024-02-20 15:41

Group 1 - Angi (ANGI) has returned approximately 20.1% year-to-date, outperforming the average return of 7.6% for the Computer and Technology sector [2] - The Zacks Consensus Estimate for Angi's full-year earnings has increased by 48% in the past quarter, indicating improved analyst sentiment [2] - Angi holds a Zacks Rank of 1 (Strong Buy), suggesting a favorable earnings outlook compared to its peers [1] Group 2 - Angi is part of the Internet - Content industry, which has seen an average gain of 8.6% year-to-date, indicating that Angi is performing better than this specific group [3] - IBM (IBM) has returned 14.7% year-to-date and has a Zacks Rank of 2 (Buy), reflecting a positive earnings outlook [2] - The Computer - Integrated Systems industry, to which IBM belongs, has gained 10.6% year-to-date, ranking 170 in the Zacks Industry Rank [3]