The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Alstom ADR (ALSMY) 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) 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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Alstom ADR (ALSMY): Free Stock Analysis Report C.H. Robinson Worldwide, Inc. (CHRW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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