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Is Keysight Technologies (KEYS) Outperforming Other Computer and Technology Stocks This Year?

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Keysight Technologies (KEYS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.

Keysight Technologies is one of 645 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.

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. KEYS is currently sporting a Zacks Rank of #2 (Buy).

The Zacks Consensus Estimate for KEYS's full-year earnings has moved 3.78% higher within the past quarter. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the latest available data, KEYS has gained about 26.16% so far this year. Meanwhile, the Computer and Technology sector has returned an average of 11.46% on a year-to-date basis. This means that Keysight Technologies is outperforming the sector as a whole this year.

Looking more specifically, KEYS belongs to the Electronics - Measuring Instruments industry, a group that includes 9 individual stocks and currently sits at #49 in the Zacks Industry Rank. Stocks in this group have gained about 23.23% so far this year, so KEYS is performing better this group in terms of year-to-date returns.

KEYS will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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