There are many blue-chip stocks in Computers and Technology groups, but investors should always look for companies that outperform their peers. Is Fair Isaac (FICO – Free Report) Are you currently one of those stocks? A quick look at the company’s year-to-date performance compared to the rest of the computer and technology division should help answer this question.
Fair Isaac is one of 654 companies in the Computer and Technology Group. The computer and technology group currently sits at his No. 6 position within Zacks sector rankings. Zacks Sector Rank measures the strength of 16 individual sector groups by measuring the average Zacks Rank of individual stocks within the group.
Zack Rank is a successful stock selection model that emphasizes profit estimates and estimate revisions. The system highlights a range of stocks that may be poised to outperform the broader market over the next 1-3 months. Fair Isaac currently boasts Zack Rank #2 (Buy).
In the past quarter, the Zachs Consensus estimate for FICO’s full-year earnings was up 1.3%. This indicates that analyst sentiment is improving and the stock’s earnings outlook is more positive.
Based on the latest data available, FICO has made a profit of about 39.9% so far this year. Meanwhile, Computers and Technology Group’s stock has fallen about 37% on average. This means Fair Isaac has outperformed its sector in terms of year-to-date returns.
Another computer and technology stock that has outperformed the sector so far this year is Model N (modern – free report). The stock is up 34.7% since the beginning of the year.
For Model N, this year’s consensus EPS estimate increased by 126% over the last three months. The inventory is currently Zacks Rank 2nd (Buy).
More specifically, Fair Isaac belongs to the Computers – IT Services industry, which includes 40 individual stocks and currently sits at number 85 in Zacks industry rankings. FICO has outperformed this group in terms of year-to-date returns, as the group’s stocks have fallen about 34.5% so far this year.
In contrast, Model N falls under the Internet-Software industry. There are currently 150 stocks in the industry, ranking 62nd. Since the beginning of the year, the industry has moved -62.1%.
Investors interested in the computer and technology sector should take note that Fair Isaac and Model N continue to perform solidly.