Blend Labs (BLND) Outperforms Computer & Technology Sector in 2024

Blend Labs (BLND) has significantly outperformed the Computer & Technology sector in 2024, boasting a 31.8% year-to-date return compared to the sector’s average of 13.4%. This strong performance is attributed to positive analyst sentiment and improving earnings outlook, reflected in a Zacks Rank of #2 (Buy) and a 29.9% increase in full-year earnings estimates. OneSpan (OSPN), another standout within the sector, has also delivered impressive results with a 39.7% year-to-date return. Both Blend Labs and OneSpan, belonging to the Internet – Software industry, showcase potential for continued strong performance in the future.

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