Group 1: Company Performance - Clearway Energy (CWENA) has returned 16.3% year-to-date, outperforming the Oils-Energy sector, which has returned an average of 4% [4] - The Zacks Consensus Estimate for CWENA's full-year earnings has increased by 1.4% over the past quarter, indicating improved analyst sentiment and a more positive earnings outlook [4] - Clearway Energy is currently ranked 2 (Buy) in the Zacks Rank system, which highlights stocks with characteristics to outperform the market [3] Group 2: Industry Context - Clearway Energy belongs to the Alternative Energy - Other industry, which includes 47 stocks and currently ranks 125 in the Zacks Industry Rank [6] - Stocks in the Alternative Energy - Other industry have lost about 1.9% year-to-date, indicating that Clearway Energy is performing better than its peers in this specific industry [6] - Kolibri Global Energy Inc. is another stock in the Oils-Energy sector that has outperformed, with a year-to-date increase of 56.6% and a Zacks Rank of 2 (Buy) [5]
Are Oils-Energy Stocks Lagging Clearway Energy (CWENA) This Year?