【alternative for citric acid in bath bombs】Has Canadian Pacific Railway (CP) Outpaced Other Transportation Stocks This Year?
Investors interested in Transportation stocks should always be looking to find the best-performing companies in the group. Canadian Pacific Railway (CP) is alternative for citric acid in bath bombsa stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of CP and the rest of the Transportation group's stocks.
Canadian Pacific Railway is a member of our Transportation group, which includes 140 different companies and currently sits at #9 in the Zacks Sector Rank. 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 proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. CP is currently sporting a Zacks Rank of #2 (Buy).
Over the past three months, the Zacks Consensus Estimate for CP's full-year earnings has moved 2.54% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.
Our latest available data shows that CP has returned about 23% since the start of the calendar year. In comparison, Transportation companies have returned an average of 0.94%. This shows that Canadian Pacific Railway is outperforming its peers so far this year.
Looking more specifically, CP belongs to the Transportation - Rail industry, which includes 8 individual stocks and currently sits at #183 in the Zacks Industry Rank. On average, this group has gained an average of 9.38% so far this year, meaning that CP is performing better in terms of year-to-date returns.
CP will likely be looking to continue its solid performance, so investors interested in Transportation stocks should continue to pay close attention to the company.
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
Canadian Pacific Railway Limited (CP) : Free Stock Analysis Report
To read this article on Zacks.com click here.
View comments
-
Euro zone manufacturing collapses in April as virus spreads -PMIAurobindo Pharma to recall 80 lots of blood pressure medicine valsartan in U.S.Are Countryside Properties PLC's (LON:CSP) Mixed Financials Driving The Negative Sentiment?Fed policy turn not good news for Trump as risks mountSanoma Oyj: Managers' TransactionsDoes Asian American Medical Group Limited (ASX:AJJ) Have A High Beta?Can BigBen Interactive (EPA:BIG) Improve Its Returns?LafargeHolcim completes sale of $1.75 billion Indonesian unitExclusive: Germany ready to nationalise airline Condor - sourcesFidelity Cryptocurrency Platform Enters ‘Final Testing’ Stages
下一篇:Meal delivery firms branch out into groceries during crisis
- ·TUI Will Cut Budgets, Freeze Hiring to Deal With Coronavirus Spread
- ·Does Horizon Bancorp, Inc. (NASDAQ:HBNC) Have A Good P/E Ratio?
- ·Taking A Look At Cteh Inc.’s (HKG:1620) ROE
- ·Asian stocks rise sharply in January on hopes over U.S.-China talks
- ·Don't Let China Control Your Networks, U.S. Envoy Tells Europe
- ·BRIEF-Power Financial Group Says Wu William Wai Leung Has Resigned As Chief Executive Officer
- ·Invest Like The One Percent With These Three ETFs
- ·Windhand announce new album, Eternal Return, unveil “Grey Garden”: Stream
- ·10 Block, a Tech Startup Recognized by SXSW 2019, is Releasing a Universal TV Series and Movie Discovery Platform So You Can See What Your Friends Like
- ·SoCoCare Receives 2013 TMC Labs Innovation Award
- ·Facebook Inc (FB) Files 10-K for the Fiscal Year Ended on December 31, 2018
- ·In 2022, Only One Thing Will Unite the Global Blockchain Takeover
- ·GBP/JPY Price Forecast – Pound Continues to Grind Away at Resistance
- ·Do Institutions Own InnoTek Limited (SGX:M14) Shares?
- ·The hot new item from 1-800-Flowers.com isn’t flowers
- ·Putin: Russia must improve port and airport infrastructure
- ·Callon Petroleum Climbs 4% As 3Q Sales Surge 74%; Street Sticks To Hold
- ·Budget 2019: Modi just attempted a surgical strike to retain power
- ·10 Things to Know for Today
- ·FloBeds Announces 25th Anniversary of Delivering Dreams via Internet
- ·Capstar Financial Holdings, Inc. (NASDAQ:CSTR) Passed Our Checks, And It's About To Pay A US$0.05 Dividend
- ·What To Know Before Buying Canacol Energy Ltd (TSE:CNE) For Its Dividend
- ·How to Navigate Family Inheritance Drama With Grace
- ·Rating Action on Genworth's Subsidiary
- ·Blockchain Industries Appoints New Board Members
- ·2018’s $315B ETF Inflows 2nd Largest Ever
- ·Iran watchdog passes law on hardening nuclear stance, halting UN inspections
- ·Is Danaher Corporation (DHR) A Good Stock To Buy ?
- ·Financial Metrics For Triumph Bancorp, Inc. (NASDAQ:TBK)
- ·What To Know Before Buying Premier Financial Bancorp, Inc. (NASDAQ:PFBI) For Its Dividend
- ·GBP/JPY Price Forecast – Pound Continues to Grind Away at Resistance
- ·Should You Be Impressed By Class Limited's (ASX:CL1) ROE?
- ·‘Too Much Money at Stake’: Lengthy L.A. Production Shutdown Seen as Unlikely
- ·Could The HKBN Ltd. (HKG:1310) Ownership Structure Tell Us Something Useful?
- ·Skyworks Solutions (SWKS) Matches Q2 Earnings Estimates
- ·BRIEF-Keda Clean Energy And Partner Plan Investments In Senegal, Zambia Projects