Is Federal Signal (FSS) Stock Outpacing Its Conglomerates Peers This Year?

Group 1 - Federal Signal (FSS) has shown a year-to-date return of approximately 1.3%, outperforming the average gain of 0.5% in the Conglomerates sector [4] - The Zacks Rank for Federal Signal is currently 2 (Buy), indicating a positive earnings outlook with a 1.8% increase in the consensus estimate for full-year earnings over the past 90 days [3] - Federal Signal is part of the Diversified Operations industry, which also includes 21 stocks and has an average return of 0.5% this year, further highlighting FSS's strong performance [6] Group 2 - Hitachi Ltd. (HTHIY) is another stock in the Conglomerates sector that has outperformed, with a year-to-date return of 8.6% and a Zacks Rank of 1 (Strong Buy) [4][5] - The consensus EPS estimate for Hitachi Ltd. has increased by 8.2% over the past three months, reflecting strong analyst sentiment [5] - Both Federal Signal and Hitachi Ltd. are expected to maintain solid performance, making them attractive options for investors interested in Conglomerates stocks [7]