Is REV Group (REVG) 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. Is REV Group (REVG) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.REV Group is a member of the Transportation sector. This group includes 131 individual stocks and currently holds a Zacks Sector Rank of #16. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.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. REV Group is currently sporting a Zacks Rank of #1 (Strong Buy).Over the past 90 days, the Zacks Consensus Estimate for REVG's full-year earnings has moved 7.5% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.Our latest available data shows that REVG has returned about 11.1% since the start of the calendar year. In comparison, Transportation companies have returned an average of 2.8%. This means that REV Group is performing better than its sector in terms of year-to-date returns.Another stock in the Transportation sector, Alaska Air Group (ALK), has outperformed the sector so far this year. The stock's year-to-date return is 6.3%.In Alaska Air Group's case, the consensus EPS estimate for the current year increased 6.5% over the past three months. The stock currently has a Zacks Rank #1 (Strong Buy).Breaking things down more, REV Group is a member of the Transportation - Services industry, which includes 25 individual companies and currently sits at #155 in the Zacks Industry Rank. This group has lost an average of 10.4% so far this year, so REVG is performing better in this area.Alaska Air Group, however, belongs to the Transportation - Airline industry. Currently, this 28-stock industry is ranked #42. The industry has moved +47.4% so far this year.REV Group and Alaska Air Group could continue their solid performance, so investors interested in Transportation stocks should continue to pay close attention to these stocks.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want 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 REV Group, Inc. (REVG): Free Stock Analysis Report Alaska Air Group, Inc. (ALK): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks