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Are Computer and Technology Stocks Lagging ACI Worldwide (ACIW) This Year?
ACIWACI Worldwide(ACIW) ZACKS·2024-08-26 14:41

Group 1 - ACI Worldwide (ACIW) has gained approximately 61.7% year-to-date, significantly outperforming the Computer and Technology sector, which has returned an average of 23.4% [2][3] - The Zacks Consensus Estimate for ACIW's full-year earnings has increased by 2.8% over the past quarter, indicating improved analyst sentiment [2] - ACI Worldwide is part of the Computer - Software industry, which has seen a year-to-date gain of about 10.6%, further highlighting ACIW's strong performance relative to its industry peers [3] Group 2 - Celestica (CLS) has also outperformed the sector with a year-to-date return of 81.5% [2] - The Electronics - Manufacturing Services industry, to which Celestica belongs, has returned +8.7% so far this year, ranking 102 in the Zacks Industry Rank [3] - ACI Worldwide currently holds a Zacks Rank of 2 (Buy), while Celestica has a Zacks Rank of 1 (Strong Buy), indicating strong potential for both stocks [2][3]