Are Computer and Technology Stocks Lagging Dell Technologies (DELL) This Year?

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Dell Technologies (DELL) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Dell Technologies is a member of our Computer and Technology group, which includes 606 different companies and currently sits at #2 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. Dell Technologies is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for DELL's full-year earnings has moved 11.7% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.Our latest available data shows that DELL has returned about 25.3% since the start of the calendar year. In comparison, Computer and Technology companies have returned an average of -6.2%. This means that Dell Technologies is performing better than its sector in terms of year-to-date returns.Another stock in the Computer and Technology sector, Cognex Corporation (CGNX), has outperformed the sector so far this year. The stock's year-to-date return is 36.9%.The consensus estimate for Cognex Corporation's current year EPS has increased 12.5% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Breaking things down more, Dell Technologies is a member of the Computer - Micro Computers industry, which includes 5 individual companies and currently sits at #91 in the Zacks Industry Rank. On average, stocks in this group have lost 8.1% this year, meaning that DELL is performing better in terms of year-to-date returns. In contrast, Cognex Corporation falls under the Electronics - Testing Equipment industry. Currently, this industry has 4 stocks and is ranked #14. Since the beginning of the year, the industry has moved +4.1%.Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Dell Technologies and Cognex Corporation as they could maintain their solid performance.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dell Technologies Inc. (DELL): Free Stock Analysis Report Cognex Corporation (CGNX): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks