April 13, 2021


Advances in world technology

Has NXP Semiconductors N.V. (NXPI) Outpaced Other Computer and Technological know-how Shares This Year?

Investors interested in Computer and Technological innovation shares really should normally be looking to come across the ideal-executing providers in the group. Has NXP Semiconductors N.V. (NXPI) been one of those people stocks this 12 months? Let’s choose a nearer look at the stock’s 12 months-to-date functionality to uncover out.

NXP Semiconductors N.V. is a member of our Laptop or computer and Technological know-how group, which involves 632 distinctive companies and at present sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 particular person sector groups by measuring the ordinary Zacks Rank of the unique shares inside of the teams.

The Zacks Rank is a verified procedure that emphasizes earnings estimates and estimate revisions, highlighting a selection of shares that are exhibiting the appropriate features to conquer the current market more than the up coming a person to a few months. NXPI is presently sporting a Zacks Rank of #2 (Get).

Within just the previous quarter, the Zacks Consensus Estimate for NXPI’s full-yr earnings has moved 19.26% better. This is a signal of enhancing analyst sentiment and a positive earnings outlook development.

Our most current readily available details demonstrates that NXPI has returned about 1.91% because the begin of the calendar year. At the same time, Computer and Technology shares have shed an regular of 1.26%. This signifies that NXP Semiconductors N.V. is carrying out much better than its sector in conditions of year-to-day returns.

On the lookout extra exclusively, NXPI belongs to the Semiconductor – Analog and Mixed market, which incorporates 12 individual shares and at present sits at #49 in the Zacks Industry Rank. On common, this group has lost an typical of .29% so considerably this 12 months, this means that NXPI is carrying out superior in phrases of yr-to-day returns.

Investors in the Computer system and Technologies sector will want to retain a close eye on NXPI as it tries to continue its reliable general performance.

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The sights and viewpoints expressed herein are the views and thoughts of the writer and do not always replicate people of Nasdaq, Inc.