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Are Transportation Stocks Lagging C.H. Robinson Worldwide (CHRW) This Year?
C.H. RobinsonC.H. Robinson(US:CHRW) ZACKSยท2024-08-28 14:41

Group 1 - C.H. Robinson Worldwide (CHRW) is outperforming the Transportation sector with a year-to-date return of approximately 19.9%, while the sector has lost an average of 2.2% [4] - The Zacks Rank for C.H. Robinson Worldwide is 1 (Strong Buy), indicating a positive outlook based on earnings estimates and revisions [3] - Over the past three months, the Zacks Consensus Estimate for CHRW's full-year earnings has increased by 14.4%, reflecting improved analyst sentiment [4] Group 2 - Euroseas Ltd. (ESEA) has also shown strong performance in the Transportation sector with a year-to-date return of 47.2% and a Zacks Rank of 1 (Strong Buy) [5] - C.H. Robinson Worldwide is part of the Transportation - Services industry, which has seen an average loss of 8.7% this year, further highlighting CHRW's superior performance [6] - Euroseas Ltd. belongs to the Transportation - Shipping industry, which has moved up by 23% this year, indicating a positive trend within that segment [6]