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Is Microsoft (MSFT) Outperforming Other Computer and Technology Stocks This Year?

Zacks Equity Research

Investors focused on the Computer and Technology space have likely heard of Microsoft (MSFT), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.

Microsoft is a member of our Computer and Technology group, which includes 633 different companies and currently sits at #7 in 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. MSFT is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for MSFT's full-year earnings has moved 2.77% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

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Our latest available data shows that MSFT has returned about 36.95% since the start of the calendar year. In comparison, Computer and Technology companies have returned an average of 20.37%. This means that Microsoft is outperforming the sector as a whole this year.

Breaking things down more, MSFT is a member of the Computer - Software industry, which includes 47 individual companies and currently sits at #54 in the Zacks Industry Rank. Stocks in this group have gained about 30.37% so far this year, so MSFT is performing better this group in terms of year-to-date returns.

Investors with an interest in Computer and Technology stocks should continue to track MSFT. The stock will be looking to continue its solid performance.


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Zacks Investment Research