Has Baidu (BIDU) Outpaced Other Computer and Technology Stocks This Year?

Zacks
05-05

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Baidu Inc. (BIDU) 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.

Baidu Inc. is a member of the Computer and Technology sector. This group includes 608 individual stocks and currently holds a Zacks Sector Rank of #8. 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 successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Baidu Inc. is currently sporting a Zacks Rank of #2 (Buy).

Over the past three months, the Zacks Consensus Estimate for BIDU's full-year earnings has moved 10.7% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.

Based on the most recent data, BIDU has returned 6.7% so far this year. Meanwhile, the Computer and Technology sector has returned an average of -7.3% on a year-to-date basis. This means that Baidu Inc. is outperforming the sector as a whole this year.

AAC Technologies Holdings Inc. (AACAY) is another Computer and Technology stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 2.5%.

Over the past three months, AAC Technologies Holdings Inc.'s consensus EPS estimate for the current year has increased 10%. The stock currently has a Zacks Rank #2 (Buy).

Breaking things down more, Baidu Inc. is a member of the Internet - Services industry, which includes 36 individual companies and currently sits at #156 in the Zacks Industry Rank. On average, this group has lost an average of 11.2% so far this year, meaning that BIDU is performing better in terms of year-to-date returns.

In contrast, AAC Technologies Holdings Inc. falls under the Electronics - Miscellaneous Components industry. Currently, this industry has 26 stocks and is ranked #139. Since the beginning of the year, the industry has moved -5.8%.

Investors interested in the Computer and Technology sector may want to keep a close eye on Baidu Inc. and AAC Technologies Holdings Inc. as they attempt to continue their solid performance.

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

Baidu, Inc. (BIDU) : Free Stock Analysis Report

AAC Technologies Holdings Inc. (AACAY) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10