Are Computer and Technology Stocks Lagging Micron Technology (MU) This Year?

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Micron (MU) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Micron is a member of our Computer and Technology group, which includes 605 different companies and currently sits at #4 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. Micron is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past three months, the Zacks Consensus Estimate for MU's full-year earnings has moved 19.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Based on the latest available data, MU has gained about 66.4% so far this year. At the same time, Computer and Technology stocks have gained an average of 18.2%. This means that Micron is outperforming the sector as a whole this year.Another Computer and Technology stock, which has outperformed the sector so far this year, is Calix (CALX). The stock has returned 80.7% year-to-date.In Calix's case, the consensus EPS estimate for the current year increased 166.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).Looking more specifically, Micron belongs to the Computer - Integrated Systems industry, which includes 10 individual stocks and currently sits at #33 in the Zacks Industry Rank. On average, stocks in this group have gained 32.2% this year, meaning that MU is performing better in terms of year-to-date returns. On the other hand, Calix belongs to the Internet - Software industry. This 173-stock industry is currently ranked #66. The industry has moved +22% year to date.Investors interested in the Computer and Technology sector may want to keep a close eye on Micron and Calix as they attempt to continue their solid performance.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>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 Micron Technology, Inc. (MU): Free Stock Analysis Report Calix, Inc (CALX): 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