Is Synaptics (SYNA) Outperforming Other Computer and Technology Stocks This Year?

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Synaptics (SYNA) 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.

Synaptics is one of 601 companies in the Computer and Technology group. The Computer and Technology group currently sits at #11 within 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 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. SYNA is currently sporting a Zacks Rank of #1 (Strong Buy).

Within the past quarter, the Zacks Consensus Estimate for SYNA’s full-year earnings has moved 62.37% higher. This shows that analyst sentiment has improved and the company’s earnings outlook is stronger.

Based on the most recent data, SYNA has returned 23.25% so far this year. Meanwhile, stocks in the Computer and Technology group have gained about 22.58% on average. This means that Synaptics is outperforming the sector as a whole this year.

Breaking things down more, SYNA is a member of the Electronics – Semiconductors industry, which includes 35 individual companies and currently sits at #64 in the Zacks Industry Rank. This group has gained an average of 29.54% so far this year, so SYNA is slightly underperforming its industry in this area.

SYNA will likely be looking to continue its

Has Maxar Technologies (MAXR) Outpaced Other Computer and Technology Stocks This Year?

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Maxar Technologies (MAXR) been one of those stocks this year? Let’s take a closer look at the stock’s year-to-date performance to find out.

Maxar Technologies is one of 614 companies in the Computer and Technology group. The Computer and Technology group currently sits at #11 within 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. MAXR is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for MAXR’s full-year earnings has moved 41.36% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, MAXR has returned 59.16% so far this year. At the same time, Computer and Technology stocks have gained an average of 23.36%. This means that Maxar Technologies is outperforming the sector as a whole this year.

To break things down more, MAXR belongs to the Satellite and Communication industry, a group that includes 10 individual companies and currently sits at #110 in the Zacks Industry Rank. On average, stocks in this group have lost 27.04% this year, meaning that MAXR is performing better in terms of year-to-date returns.

Investors with an interest in Computer and Technology stocks should continue to track MAXR. The stock will be looking to continue its solid

The Case for Buying Asia Stocks Over U.S. Ones

(Bloomberg) — An expected surge in election-related volatility in the U.S. stock market is paving the way for Asian shares to make a run at besting their American peers.

Since hitting an all-time low relative to the S&P 500 on Sept. 2, the MSCI Asia Pacific Index has outperformed the U.S. benchmark by almost five percentage points. That nascent trend is expected to persist at least through the November poll and potentially beyond, according to strategists.



chart: Asia-Pacific stocks languishing close to record relative low vs U.S.


© Bloomberg
Asia-Pacific stocks languishing close to record relative low vs U.S.

“There is a better than average chance that Asian stocks will outperform U.S. stocks over the course of the next month,” said Eoin Murray, head of investment for international business at Federated Hermes. “The volatility rise will be more pronounced in U.S. risk assets, and will pervade more globally but with less strength.”

Loading...

Load Error

Fears about a contested election result and President Donald Trump’s decision not to push for further stimulus ahead of the vote have helped contribute to the recent weakness in U.S. equities. Meanwhile, a growing belief in a Joe Biden victory and Democrats winning control of both houses of Congress is seen benefiting Asian stocks by reviving the U.S. economy and trade flows.

Biden has a 12 point lead over Trump, according to a national poll of likely voters released Sunday, a little more than three weeks before the vote. The Washington Post/ABC News poll was conducted Oct. 6-9.

Democratic Landslide

“The probability of Asian equities’ outperformance will be higher under a Democratic landslide win,” said Nader Naeimi, head of dynamic markets with AMP Capital. “I firmly believe that trend will continue, Asia is under-owned and the U.S. is over-owned.”

Asia will also benefit from China’s strong economic recovery, a weakening dollar that has likely seen an end

Is Zoom Video Communications (ZM) Outperforming Other Computer and Technology Stocks This Year?

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Zoom Video Communications (ZM) been one of those stocks this year? Let’s take a closer look at the stock’s year-to-date performance to find out.

Zoom Video Communications is a member of our Computer and Technology group, which includes 613 different companies and currently sits at #11 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 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. ZM is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for ZM’s full-year earnings has moved 107.11% higher. This means that analyst sentiment is stronger and the stock’s earnings outlook is improving.

According to our latest data, ZM has moved about 602.90% on a year-to-date basis. At the same time, Computer and Technology stocks have gained an average of 22.84%. This means that Zoom Video Communications is performing better than its sector in terms of year-to-date returns.

Breaking things down more, ZM is a member of the Internet – Software industry, which includes 92 individual companies and currently sits at #169 in the Zacks Industry Rank. On average, this group has gained an average of 77.26% so far this year, meaning that ZM is performing better in terms of year-to-date returns.

Investors in the Computer and Technology sector will want to keep a close

Got $3,000? Buy These 3 Unstoppable Stocks With Multi-Bagger Potential

There’s little question that the best path to wealth generation is investing in quality stocks and holding them for years and even decades. Along the way, there is the potential to find a company that can become a “multi-bagger,” or an investment that gains several times its original value. There are a few contributing factors that can help a stock go parabolic, increasing the chances that it will become one of this rare breed of investment.

Find companies that provide a novel answer to an age-old problem, have massive secular tailwinds, or have a large addressable market, and you’ll be on the right track. In very rare instances, you can a find a company that ticks all three of those boxes, dramatically increasing the likelihood of multiplying your investment dollars many-fold. An investment in any or all of these companies will likely fit the bill.

Smiling man with cash raining down around him

Image source: Getty Images.

Teladoc and Livongo: A powerful one-two punch

Teladoc Health (NYSE:TDOC) was already in an enviable position before the onset of coronavirus. Patients were gravitating toward the ease of virtual care offered by app-based doctor visits, without the need for a trip to the clinic. With the arrival of the pandemic and the resulting stay-at-home orders, the company was perfectly positioned to give patients a safe and convenient alternative.

As a result, the number of virtual office visits surged higher, driving Teladoc’s financial performance in its wake. The numbers so far this year tell the tale. In the first quarter, Teladoc’s total patient visits jumped 92%, sending revenue growth up by 41%. Things really took off in the second quarter, with total patient visits that increased 203%, pushing revenue up 85%. 

Livongo Health (NASDAQ:LVGO) was also riding high, providing a novel solution to patients and healthcare providers alike. The company’s offerings help