Is Pitney Bowes (PBI) Stock Outpacing Its Computer and Technology Peers This Year?

Group 1 - Pitney Bowes (PBI) is currently ranked 11 in the Zacks Sector Rank within the Computer and Technology group, which consists of 619 companies [1] - PBI has a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperforming the market [2] - Over the past 90 days, the Zacks Consensus Estimate for PBI's full-year earnings has increased by 100%, reflecting improved analyst sentiment [2] Group 2 - Year-to-date, PBI has achieved a return of approximately 22.1%, outperforming the average return of 19.8% for the Computer and Technology sector [2] - PBI belongs to the Office Automation and Equipment industry, which is currently ranked 15 in the Zacks Industry Rank, with an average gain of 22.1% this year [3] - In comparison, Alphabet (GOOGL) has a year-to-date return of 25.6% and is part of the Internet - Services industry, which has gained 21.6% [2][3]