Is OI Glass (OI) Stock Outpacing Its Industrial Products Peers This Year?

Company Performance - O-I Glass has shown a year-to-date performance increase of approximately 33.2%, significantly outperforming the average gain of 6.2% in the Industrial Products group [4] - The Zacks Consensus Estimate for O-I Glass's full-year earnings has increased by 9.1% over the past quarter, indicating a positive trend in analyst sentiment [3] - O-I Glass holds a Zacks Rank of 1 (Strong Buy), positioning it favorably among its peers [3] Industry Context - O-I Glass is part of the Glass Products industry, which currently ranks 1 in the Zacks Industry Rank, despite the industry experiencing an average loss of 3.7% year-to-date [5] - In comparison, Otis Worldwide, another stock in the Industrial Products sector, has returned 8.4% year-to-date and holds a Zacks Rank of 2 (Buy) [4][5] - The Manufacturing - General Industrial industry, to which Otis Worldwide belongs, is ranked 36 and has seen a year-to-date increase of 5.6% [6]