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Are Transportation Stocks Lagging Alstom (ALSMY) This Year?
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The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Alstom ADR (ALSMY - Free Report) 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? Let's take a closer look at the stock's year-to-date performance to find out.
Alstom ADR is a member of the Transportation sector. This group includes 116 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Alstom ADR is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ALSMY's full-year earnings has moved 5.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, ALSMY has returned 7.2% so far this year. Meanwhile, stocks in the Transportation group have gained about 3% on average. This means that Alstom ADR is outperforming the sector as a whole this year.
C.H. Robinson Worldwide (CHRW - Free Report) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 4%.
The consensus estimate for C.H. Robinson Worldwide's current year EPS has increased 6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Alstom ADR belongs to the Transportation - Rail industry, which includes 9 individual stocks and currently sits at #191 in the Zacks Industry Rank. This group has gained an average of 4.9% so far this year, so ALSMY is performing better in this area.
In contrast, C.H. Robinson Worldwide falls under the Transportation - Services industry. Currently, this industry has 21 stocks and is ranked #169. Since the beginning of the year, the industry has moved +6.4%.
Going forward, investors interested in Transportation stocks should continue to pay close attention to Alstom ADR and C.H. Robinson Worldwide as they could maintain their solid performance.
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Are Transportation Stocks Lagging Alstom (ALSMY) This Year?
The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Alstom ADR (ALSMY - Free Report) 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? Let's take a closer look at the stock's year-to-date performance to find out.
Alstom ADR is a member of the Transportation sector. This group includes 116 individual stocks and currently holds a Zacks Sector Rank of #11. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Alstom ADR is currently sporting a Zacks Rank of #2 (Buy).
Over the past 90 days, the Zacks Consensus Estimate for ALSMY's full-year earnings has moved 5.6% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the most recent data, ALSMY has returned 7.2% so far this year. Meanwhile, stocks in the Transportation group have gained about 3% on average. This means that Alstom ADR is outperforming the sector as a whole this year.
C.H. Robinson Worldwide (CHRW - Free Report) is another Transportation stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 4%.
The consensus estimate for C.H. Robinson Worldwide's current year EPS has increased 6% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Alstom ADR belongs to the Transportation - Rail industry, which includes 9 individual stocks and currently sits at #191 in the Zacks Industry Rank. This group has gained an average of 4.9% so far this year, so ALSMY is performing better in this area.
In contrast, C.H. Robinson Worldwide falls under the Transportation - Services industry. Currently, this industry has 21 stocks and is ranked #169. Since the beginning of the year, the industry has moved +6.4%.
Going forward, investors interested in Transportation stocks should continue to pay close attention to Alstom ADR and C.H. Robinson Worldwide as they could maintain their solid performance.