Applied Optoelectronics Leads Computer and Technology Sector YTD

Applied Optoelectronics (AAOI) is outperforming the Computer and Technology sector in 2023, with a year-to-date return of 14.5%. Its Zacks Rank is #2 (Buy) and the full-year earnings estimate has increased by 18.4% over the past quarter. AAOI belongs to the Electronics - Semiconductors industry, which has lost 4.2% this year. In comparison, Apple (AAPL) has returned 1.7% and belongs to the Computer - Micro Computers industry, which has gained 1.5% this year.