Is DoorDash (DASH) 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. Has DoorDash, Inc. (DASH) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.DoorDash, Inc. is a member of our Computer and Technology group, which includes 607 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.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. DoorDash, Inc. is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for DASH's full-year earnings has moved 14.5% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Our latest available data shows that DASH has returned about 19.2% since the start of the calendar year. Meanwhile, stocks in the Computer and Technology group have lost about 0.7% on average. This shows that DoorDash, Inc. is outperforming its peers so far this year.Another stock in the Computer and Technology sector, Appian (APPN), has outperformed the sector so far this year. The stock's year-to-date return is 1.1%.Over the past three months, Appian's consensus EPS estimate for the current year has increased 4.8%. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, DoorDash, Inc. belongs to the Internet - Services industry, a group that includes 34 individual stocks and currently sits at #80 in the Zacks Industry Rank. Stocks in this group have lost about 3.5% so far this year, so DASH is performing better this group in terms of year-to-date returns.Appian, however, belongs to the Internet - Software industry. Currently, this 150-stock industry is ranked #83. The industry has moved -0.9% so far this year.Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to DoorDash, Inc. and Appian as they could maintain their solid performance.Just Released: Zacks Top 10 Stocks for 2025Hurry – you can still get in early on our 10 top tickers for 2025. Handpicked by Zacks Director of Research Sheraz Mian, this portfolio has been stunningly and consistently successful. From inception in 2012 through November, 2024, the Zacks Top 10 Stocks gained +2,112.6%, more than QUADRUPLING the S&P 500’s +475.6%. Sheraz has combed through 4,400 companies covered by the Zacks Rank and handpicked the best 10 to buy and hold in 2025. You can still be among the first to see these just-released stocks with enormous potential. See New Top 10 Stocks >>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 DoorDash, Inc. (DASH): Free Stock Analysis Report Appian Corporation (APPN): 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