Has Fabrinet (FN) Outpaced Other Computer and Technology Stocks This Year?

Group 1 - Fabrinet (FN) is currently outperforming its peers in the Computer and Technology sector with a year-to-date return of approximately 8.7%, compared to the sector average of 2.1% [4] - The Zacks Rank for Fabrinet is 1 (Strong Buy), indicating a positive outlook based on earnings estimates and revisions, with a consensus estimate for full-year earnings increasing by 3.3% in the past quarter [3] - Fabrinet belongs to the Electronics - Miscellaneous Components industry, which has an average year-to-date gain of 5%, further highlighting its strong performance relative to its industry [5] Group 2 - Hewlett Packard Enterprise (HPE) is another stock in the Computer and Technology sector that has shown strong performance, with a year-to-date return of 2.3% and a Zacks Rank of 2 (Buy) [4][5] - The Computer - Integrated Systems industry, which includes HPE, has seen a year-to-date increase of 9.8%, ranking 77 among 12 stocks [6] - Investors are encouraged to monitor both Fabrinet and Hewlett Packard Enterprise for their potential to maintain solid performance in the future [6]