Are Computer and Technology Stocks Lagging CommVault Systems (CVLT) This Year?

From Nasdaq: 2024-05-20 09:40:12

Commvault Systems (CVLT) has outperformed the Computer and Technology sector with a 39.3% return this year. With a Zacks Rank of #1 (Strong Buy) and a 18.9% increase in earnings estimate, the company shows strong potential. On the other hand, Alphabet (GOOGL) has also shown impressive performance in the sector.

Investors interested in Computer and Technology stocks should keep an eye on Commvault Systems and Alphabet as they continue to perform well. Commvault Systems belongs to the Computer – Software industry, while Alphabet falls under the Internet – Services industry. Both companies have shown above-average performance this year.

Zacks experts have identified a little-known chemical company with potential to double in value soon. With increasing demand, soaring earnings estimates, and share repurchasing, this company could rival or surpass other recent Zacks’ Stocks Set to Double. Investors are encouraged to explore this opportunity for potential growth in their portfolio.



Read more at Nasdaq: Are Computer and Technology Stocks Lagging CommVault Systems (CVLT) This Year?