Group 1 - Global Ship Lease (GSL) has shown a year-to-date performance increase of approximately 36.4%, significantly outperforming the Transportation sector, which has returned an average of -2% [4] - GSL currently holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for its full-year earnings rising by 2.6% over the past 90 days [3] - The Transportation - Shipping industry, which includes GSL, has seen a year-to-date gain of about 6.7%, further highlighting GSL's strong performance within its specific industry [5] Group 2 - Cathay Pacific Airways Ltd. (CPCAY) is another Transportation stock that has outperformed the sector, with a year-to-date increase of 10.2% and a Zacks Rank of 2 (Buy) [4][5] - The Transportation - Airline industry, which includes CPCAY, has experienced a year-to-date increase of 12.3%, ranking 83 among 25 stocks [6]
Is Global Ship Lease (GSL) Outperforming Other Transportation Stocks This Year?