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Has Amphenol (APH) Outpaced Other Computer and Technology Stocks This Year?

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The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Amphenol (APH - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

Amphenol is one of 621 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 includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Amphenol is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for APH's full-year earnings has moved 2.4% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

According to our latest data, APH has moved about 9.1% on a year-to-date basis. In comparison, Computer and Technology companies have returned an average of 8.8%. This means that Amphenol is outperforming the sector as a whole this year.

ACM Research, Inc. (ACMR - 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 10.5%.

The consensus estimate for ACM Research, Inc.'s current year EPS has increased 3.9% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

Looking more specifically, Amphenol belongs to the Electronics - Connectors industry, which includes 2 individual stocks and currently sits at #19 in the Zacks Industry Rank. On average, this group has gained an average of 8.9% so far this year, meaning that APH is performing better in terms of year-to-date returns.

ACM Research, Inc. however, belongs to the Semiconductor Equipment - Material Services industry. Currently, this 1-stock industry is ranked #1. The industry has moved +6.7% so far this year.

Amphenol and ACM Research, Inc. could continue their solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to these stocks.


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