Is j2 Global (JCOM) Outperforming Other Computer and Technology Stocks This Year?
Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is j2 Global (JCOM) 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.
j2 Global is a member of our Computer and Technology group, which includes 637 different companies and currently sits at #9 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 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. JCOM is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for JCOM's full-year earnings has moved 7.31% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that JCOM has returned about 25.02% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have gained about 16.67% on average. As we can see, j2 Global is performing better than its sector in the calendar year.
Looking more specifically, JCOM belongs to the Internet - Software industry, which includes 83 individual stocks and currently sits at #89 in the Zacks Industry Rank. Stocks in this group have gained about 34.21% so far this year, so JCOM is slightly underperforming its industry this group in terms of year-to-date returns.
Investors with an interest in Computer and Technology stocks should continue to track JCOM. The stock will be looking to continue its solid performance.
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