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

Zacks Equity Research

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Microsoft (MSFT) one of those stocks right now? 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 one of 637 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #8 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 is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. MSFT is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for MSFT's full-year earnings has moved 3.88% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

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Based on the most recent data, MSFT has returned 30.27% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 16.86% on a year-to-date basis. This shows that Microsoft is outperforming its peers so far this year.

Looking more specifically, MSFT belongs to the Computer - Software industry, a group that includes 47 individual stocks and currently sits at #159 in the Zacks Industry Rank. This group has gained an average of 29.31% so far this year, so MSFT is performing better in this area.

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


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