Is Fair Isaac (FICO) outperforming other computer and technology stocks this year?

Investors interested in information and technology stocks should always look to find the best performing companies in the group. Fair Isaac (FICO) is a stock that can certainly attract the attention of many investors, but does its recent returns compare favorably with the industry as a whole? Taking a look at the stock’s year-to-date performance relative to its computer and tech peers, we may be able to answer that question.

Fair Isaac is one of 654 companies in the Computer and Technology group. The computer and technology group currently sits in fourth place in the Zacks industry rankings. The Zacks Sector Rank looks at 16 different industry groups. The average Zacks Rank of individual stocks within groups is measured and 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 exhibit the right characteristics to beat the market over the next 1-3 months. Fair Isaac is currently sporting a #1 Zacks rank. 2 (purchase).

Over the past 90 days, Zacks’ consensus estimate for FICO’s full-year earnings is up 1.3%. This means that analyst sentiment is stronger and the stock’s earnings outlook is improving.

Based on the most recent data, FICO has returned 35.3% so far this year. At the same time, computer and technology stocks lost 31.3% on average. This shows that Fair Isaac is outperforming its peers so far this year.

Another computer and technology stock, Flex (FLEX), has outperformed the sector so far this year. The stock’s year-to-date yield is 6.6%.

The consensus estimate for Flex’s full-year EPS increased 4.1% over the past three months. The title currently has a Zacks Rank #2 (Buy).

Looking more specifically, Fair Isaac belongs to the Computers – IT Services sector, a group that includes 40 individual stocks and currently sits at 68th place in the Zacks sector ranking. On average, this group has lost an average of 30.2% so far this year, meaning FICO is outperforming in terms of returns year-to-date.

Flex, on the other hand, belongs to the Electronics – Miscellaneous Products sector. Currently, this sector of 27 stocks is ranked #121. The sector has moved -37.1% so far this year.

Investors interested in the computer and technology sector may want to keep an eye on Fair Isaac and Flex as they attempt to continue their strong performance.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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