Is Alstom (ALSMY) Stock Outpacing Its Transportation Peers This Year?

Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. 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? A quick glance at the company's year-to-date performance in comparison to the rest of the Transportation sector should help us answer this question.Alstom ADR is one of 121 individual stocks in the Transportation sector. Collectively, these companies sit at #14 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Alstom ADR is currently sporting a Zacks Rank of #2 (Buy).Within the past quarter, the Zacks Consensus Estimate for ALSMY's full-year earnings has moved 26.7% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Based on the most recent data, ALSMY has returned 8.3% so far this year. Meanwhile, stocks in the Transportation group have lost about 4.3% on average. This means that Alstom ADR is performing better than its sector in terms of year-to-date returns.Another stock in the Transportation sector, Cool Company Ltd. (CLCO), has outperformed the sector so far this year. The stock's year-to-date return is 1.8%.For Cool Company Ltd., the consensus EPS estimate for the current year has increased 25.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).To break things down more, Alstom ADR belongs to the Transportation - Rail industry, a group that includes 9 individual companies and currently sits at #105 in the Zacks Industry Rank. This group has gained an average of 1.9% so far this year, so ALSMY is performing better in this area. Cool Company Ltd., however, belongs to the Transportation - Shipping industry. Currently, this 37-stock industry is ranked #190. The industry has moved +4.1% so far this year.Alstom ADR and Cool Company Ltd. could continue their solid performance, so investors interested in Transportation stocks should continue to pay close attention to these stocks.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alstom ADR (ALSMY): Free Stock Analysis Report Cool Company Ltd. (CLCO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks