The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has j2 Global (JCOM) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
j2 Global is a member of our Computer and Technology group, which includes 634 different companies and currently sits at #6 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 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. JCOM is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for JCOM's full-year earnings has moved 7.31% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the most recent data, JCOM has returned 23.65% so far this year. At the same time, Computer and Technology stocks have gained an average of 18.08%. As we can see, j2 Global is performing better than its sector in the calendar year.
Breaking things down more, JCOM is a member of the Internet - Software industry, which includes 83 individual companies and currently sits at #92 in the Zacks Industry Rank. On average, this group has gained an average of 30.41% so far this year, meaning that JCOM is slightly underperforming its industry in terms of year-to-date returns.
Going forward, investors interested in Computer and Technology stocks should continue to pay close attention to JCOM as it looks to continue its solid performance.
j2 Global, Inc. (JCOM): Free Stock Analysis Report
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