Group 1 - Costamare (CMRE) has shown a year-to-date performance increase of approximately 38.8%, significantly outperforming the average return of 0.3% for the Transportation sector [4] - The Zacks Consensus Estimate for CMRE's full-year earnings has risen by 16% over the past quarter, indicating a positive trend in analyst sentiment [4] - Costamare holds a Zacks Rank of 1 (Strong Buy), suggesting strong potential for future performance [3] Group 2 - Costamare is part of the Transportation - Shipping industry, which consists of 38 stocks and currently ranks 77 in the Zacks Industry Rank, with an average gain of 20.2% this year [6] - Despegar.com (DESP) has also outperformed the Transportation sector with a year-to-date return of 32.6% and holds a Zacks Rank of 2 (Buy) [5] - The Transportation - Services industry, to which Despegar.com belongs, has seen a decline of 4.6% year to date, ranking 165 among 26 stocks [6]
Is Costamare (CMRE) Outperforming Other Transportation Stocks This Year?