The Computer and Technologies team has loads of excellent stocks, but investors really should generally be wanting for companies that are outperforming their peers. Is Ultra Clear Holdings (UCTT) a single of those people shares ideal now? By having a glimpse at the stock’s year-to-day efficiency in comparison to its Computer system and Know-how peers, we could be capable to reply that concern.
Extremely Clear Holdings is a member of our Personal computer and Engineering group, which contains 632 distinctive corporations and currently sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 diverse groups and is outlined in buy from most effective to worst in phrases of the ordinary Zacks Rank of the individual providers inside of each of these sectors.
The Zacks Rank is a productive stock-selecting model that emphasizes earnings estimates and estimate revisions. The program highlights a selection of distinct shares that could be poised to outperform the broader sector in excess of the future 1 to 3 months. UCTT is at present sporting a Zacks Rank of #2 (Purchase).
About the previous 90 times, the Zacks Consensus Estimate for UCTT’s whole-12 months earnings has moved 19.40% better. This indicates that analyst sentiment is much better and the stock’s earnings outlook is bettering.
Dependent on the most up-to-date readily available info, UCTT has obtained about 20.71% so much this year. At the very same time, Laptop or computer and Technological know-how stocks have obtained an typical of 1.07%. As we can see, Ultra Cleanse Holdings is doing greater than its sector in the calendar 12 months.
Seeking much more precisely, UCTT belongs to the Electronics – Producing Machinery industry, a team that features 11 particular person stocks and presently sits at #61 in the Zacks Industry Rank. On regular, shares in this group have gained 8.99% this yr, that means that UCTT is carrying out superior in terms of year-to-day returns.
Buyers with an desire in Computer system and Technological know-how stocks must continue to keep track of UCTT. The stock will be wanting to continue its sound effectiveness.