Transportation Stocks Comparison: Cool Company Ltd. Outperforms Peers in 2023

Cool Company Ltd. (CLCO) has outperformed its Transportation peers this year, with a year-to-date return of 21.3%, compared to a 5.7% average loss for the sector. Its Zacks Rank of #2 (Buy) and 25.8% increase in full-year earnings estimate suggest a positive earnings outlook trend. International Consolidated Airlines Group SA (ICAGY) has also outperformed the sector, with a year-to-date return of 41.9% and a Zacks Rank of #1 (Strong Buy).