Is Corning (GLW) 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 Corning (GLW) 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.Corning is a member of our Computer and Technology group, which includes 601 different companies and currently sits at #1 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 model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Corning is currently sporting a Zacks Rank of #2 (Buy).Over the past 90 days, the Zacks Consensus Estimate for GLW's full-year earnings has moved 1.9% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.Based on the most recent data, GLW has returned 87.3% so far this year. In comparison, Computer and Technology companies have returned an average of 27.4%. As we can see, Corning is performing better than its sector in the calendar year.One other Computer and Technology stock that has outperformed the sector so far this year is CACI International (CACI). The stock is up 33.5% year-to-date.In CACI International's case, the consensus EPS estimate for the current year increased 3.1% over the past three months. The stock currently has a Zacks Rank #2 (Buy).To break things down more, Corning belongs to the Communication - Components industry, a group that includes 11 individual companies and currently sits at #30 in the Zacks Industry Rank. On average, stocks in this group have gained 110.5% this year, meaning that GLW is slightly underperforming its industry in terms of year-to-date returns. In contrast, CACI International falls under the Computer - Services industry. Currently, this industry has 9 stocks and is ranked #82. Since the beginning of the year, the industry has moved +3.8%.Investors interested in the Computer and Technology sector may want to keep a close eye on Corning and CACI International as they attempt to continue their solid performance.#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>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 Corning Incorporated (GLW): Free Stock Analysis Report CACI International, Inc. (CACI): 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