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Is Amphenol (APH) Outperforming Other Computer and Technology Stocks 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. Has Amphenol (APH - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Amphenol is a member of our Computer and Technology group, which includes 627 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. APH is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for APH's full-year earnings has moved 2.46% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Our latest available data shows that APH has returned about 6.78% since the start of the calendar year. Meanwhile, the Computer and Technology sector has returned an average of 10.16% on a year-to-date basis. This means that Amphenol is performing better than its sector in terms of year-to-date returns.

Looking more specifically, APH belongs to the Electronics - Connectors industry, which includes 3 individual stocks and currently sits at #121 in the Zacks Industry Rank. This group has gained an average of 6.88% so far this year, so APH is slightly underperforming its industry in this area.

Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to APH as it looks to continue its solid performance.


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