Breaking News
Get 45% Off 0
Selloff or market correction? Either way, here's what to do next
See Overvalued Stocks

Has Nuance Communications (NUAN) Outpaced Other Computer And Technology Stocks This Year?

By Zacks Investment ResearchStock MarketsMar 11, 2020 11:30PM ET
www.investing.com/analysis/has-nuance-communications-nuan-outpaced-other-computer-and-technology-stocks-this-year-200515569
Has Nuance Communications (NUAN) Outpaced Other Computer And Technology Stocks This Year?
By Zacks Investment Research   |  Mar 11, 2020 11:30PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Nuance Communications (NUAN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of NUAN and the rest of the Computer and Technology group's stocks.

Nuance Communications is one of 630 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group.

The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. NUAN is currently sporting a Zacks Rank of #2 (Buy).

Within the past quarter, the Zacks Consensus Estimate for NUAN's full-year earnings has moved 5.37% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend.

Based on the most recent data, NUAN has returned 7.46% so far this year. In comparison, Computer and Technology companies have returned an average of -10.56%. This means that Nuance Communications is performing better than its sector in terms of year-to-date returns.

Breaking things down more, NUAN is a member of the Computer - Software industry, which includes 43 individual companies and currently sits at #61 in the Zacks Industry Rank. On average, this group has lost an average of 6.54% so far this year, meaning that NUAN is performing better in terms of year-to-date returns.

Investors in the Computer and Technology sector will want to keep a close eye on NUAN as it attempts to continue its solid performance.



Nuance Communications, Inc. (NUAN): Free Stock Analysis Report

Original post

Zacks Investment Research

Has Nuance Communications (NUAN) Outpaced Other Computer And Technology Stocks This Year?
 

Related Articles

Has Nuance Communications (NUAN) Outpaced Other Computer And Technology Stocks This Year?

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Apple
Continue with Google
or
Sign up with Email