Is Dell Technologies (DELL) Stock Outpacing Its Computer and Technology Peers This Year?

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has Dell Technologies (DELL) been one of those stocks this year? 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 604 different companies and currently sits at #3 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 emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Dell Technologies is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for DELL's full-year earnings has moved 1.2% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.Based on the most recent data, DELL has returned 34.2% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 26.4% on average. This means that Dell Technologies is outperforming the sector as a whole this year.Another stock in the Computer and Technology sector, Advantest Corp. (ATEYY), has outperformed the sector so far this year. The stock's year-to-date return is 142.7%.In Advantest Corp.'s case, the consensus EPS estimate for the current year increased 11.7% 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 4 individual companies and currently sits at #100 in the Zacks Industry Rank. Stocks in this group have gained about 8.3% so far this year, so DELL is performing better this group in terms of year-to-date returns. Advantest Corp., however, belongs to the Electronics - Measuring Instruments industry. Currently, this 5-stock industry is ranked #168. The industry has moved +16.2% so far this year.Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to Dell Technologies and Advantest Corp. as they could maintain their solid performance.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.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 Dell Technologies Inc. (DELL): Free Stock Analysis Report Advantest Corp. (ATEYY): 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