Dow Transports Turns Positive
There is one "1-Engine" Strong Sell rated stock, OSG, six "3-Engine" Hold rated stocks, eleven "4-Engine" Buy rated stocks, and two "5-Engine" Strong Buy rated stocks.
The best performers over the past 12 months were KSU with a gain of 45.0%, JB Hunt (JBHT - Get Report) with a gain of 42.0%, and Union Pacific (UNP) by 39.1%. The biggest loser was OSG with a loss of 57.8%.
We do not have a projection on the performance of OSG for the next 12 months, but all others are expected to be higher led by UNP by 13.3% and United Parcel Service (UPS) by 12.7%.
Ten of the 20 stocks have elevated P/E ratios of 15.7 times to 23.6 times.
Value Levels, Pivots and Risky Levels for Seven Transport StocksCH Robinson Worldwide (CHRW) ($57.04) -- My monthly value level is $54.27 with a weekly pivot at $56.31 and a semiannual risky level at $71.16.
CSX (CSX) ($23.39) My semiannual value level is $22.60 with a weekly pivot at $24.04 and a quarterly risky level at $27.63.
FedEx (FDX)) ($90.00) My semiannual value level is $82.97 with a weekly pivot at $90.31 and a monthly risky level at $96.15.
JB Hunt Transports (JBHT - Get Report) ($55.41) My semiannual value level is $49.82 with a weekly pivot at $55.58 and a monthly risky level at $61.79.
Kansas City Southern (KSU - Get Report) ($77.77) My monthly value level is $73.32 with a weekly pivot at $78.70 and a quarterly risky level at $80.95.
Norfolk Southern (NSC) ($75.10) My semiannual value level is $68.50 with an annual pivot at $77.92 and a quarterly risky level at $82.46.
United Parcel Service (UPS) ($86.10) My quarterly value level is $76.94 with a weekly pivot at $88.09 and a monthly risky level at $91.48.
At the time of publication, the author held no positions in any of the stocks mentioned. This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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