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Are Computer and Technology Stocks Lagging Aehr Test Systems (AEHR) This Year?
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Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Aehr Test Systems (AEHR - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Aehr Test Systems is one of 631 companies in the Computer and Technology group. The Computer and Technology group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Aehr Test Systems is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for AEHR's full-year earnings has moved 4.4% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, AEHR has gained about 139.7% so far this year. At the same time, Computer and Technology stocks have gained an average of 39.8%. This means that Aehr Test Systems is performing better than its sector in terms of year-to-date returns.
Arista Networks (ANET - Free Report) is another Computer and Technology stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 52.8%.
In Arista Networks' case, the consensus EPS estimate for the current year increased 5.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Aehr Test Systems belongs to the Electronics - Measuring Instruments industry, a group that includes 5 individual stocks and currently sits at #42 in the Zacks Industry Rank. This group has lost an average of 14.2% so far this year, so AEHR is performing better in this area.
In contrast, Arista Networks falls under the Communication - Components industry. Currently, this industry has 12 stocks and is ranked #85. Since the beginning of the year, the industry has moved +28.8%.
Investors with an interest in Computer and Technology stocks should continue to track Aehr Test Systems and Arista Networks. These stocks will be looking to continue their solid performance.
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Are Computer and Technology Stocks Lagging Aehr Test Systems (AEHR) This Year?
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Aehr Test Systems (AEHR - Free Report) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Aehr Test Systems is one of 631 companies in the Computer and Technology group. The Computer and Technology group currently sits at #9 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Aehr Test Systems is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for AEHR's full-year earnings has moved 4.4% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Based on the latest available data, AEHR has gained about 139.7% so far this year. At the same time, Computer and Technology stocks have gained an average of 39.8%. This means that Aehr Test Systems is performing better than its sector in terms of year-to-date returns.
Arista Networks (ANET - Free Report) is another Computer and Technology stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 52.8%.
In Arista Networks' case, the consensus EPS estimate for the current year increased 5.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Aehr Test Systems belongs to the Electronics - Measuring Instruments industry, a group that includes 5 individual stocks and currently sits at #42 in the Zacks Industry Rank. This group has lost an average of 14.2% so far this year, so AEHR is performing better in this area.
In contrast, Arista Networks falls under the Communication - Components industry. Currently, this industry has 12 stocks and is ranked #85. Since the beginning of the year, the industry has moved +28.8%.
Investors with an interest in Computer and Technology stocks should continue to track Aehr Test Systems and Arista Networks. These stocks will be looking to continue their solid performance.