The Pc and Technological know-how team has loads of good stocks, but traders really should normally be searching for companies that are outperforming their friends. Is Ultra Clean up Holdings (UCTT) one particular of individuals shares correct now? By using a look at the stock’s year-to-date efficiency in comparison to its Personal computer and Know-how friends, we may be capable to solution that issue.
Extremely Clear Holdings is a member of our Pc and Technological know-how group, which consists of 632 diverse firms and at the moment sits at #8 in the Zacks Sector Rank. The Zacks Sector Rank contains 16 diverse teams and is stated in order from finest to worst in phrases of the normal Zacks Rank of the individual businesses in just about every of these sectors.
The Zacks Rank is a effective stock-buying design that emphasizes earnings estimates and estimate revisions. The process highlights a quantity of distinct stocks that could be poised to outperform the broader industry more than the following 1 to 3 months. UCTT is presently sporting a Zacks Rank of #2 (Obtain).
In excess of the past 90 days, the Zacks Consensus Estimate for UCTT’s comprehensive-year earnings has moved 19.40% increased. This signifies that analyst sentiment is more powerful and the stock’s earnings outlook is enhancing.
Centered on the most recent accessible info, UCTT has attained about 20.71% so much this 12 months. At the very same time, Pc and Technology stocks have obtained an average of 1.07%. As we can see, Extremely Thoroughly clean Holdings is performing better than its sector in the calendar 12 months.
On the lookout extra exclusively, UCTT belongs to the Electronics – Producing Equipment marketplace, a team that consists of 11 particular person stocks and currently sits at #61 in the Zacks Industry Rank. On normal, shares in this team have acquired 8.99% this calendar year, that means that UCTT is executing better in phrases of calendar year-to-day returns.
Buyers with an fascination in Computer and Technological know-how stocks should really continue on to monitor UCTT. The stock will be hunting to continue on its strong functionality.