This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Buy TravelCenters as the Economy Improves

Stocks in this article: TA CNW CSX FDX JBHT NSC ODFL UNP UPS

Our first night on the road was the Holiday Inn in Rocky Mount and it took 11.5 hours versus the June trip of 9.75 hours. We lost time in South Carolina due to what the sign said was an incident at exit 82. We exited at this exit and travelled 20 miles west hooking up with Route 301, which took us back to I-95 just south of Santee, exit 98. This cost us the time difference.

Route 301 is now the road less travelled. It was the highway used between the northeast and the west coast of Florida near Tampa Bay. Route 301 is now an alternative for I-95 south bound until Santee, S.C., and then swings west to be the alternative to I-75 to Tampa Bay and points south along the west coast of Florida.

We take 301 North off the I-295 Richmond Bypass all the way to the Delaware Memorial Bridge. It's the same mileage as I-95 around Washington, D.C., and Baltimore but you avoid that congestion. Route 301 is well maintained with much less traffic. The only slowdown is going though the suburbs on Washington. On this trip we made it to exit 8A on the New Jersey Turnpike in just 7.75 hours from Rocky Mount, an hour better than in June.

While truck traffic was heavier than in June, automobile traffic appeared as light as in June, so other than the detour in South Carolina, the trip was a smooth ride.

On July 10 I wrote, The Earnings Bar Is Hurdle For Transportation Stocks and today the transportation sector is still rated "avoid-source of funds" and all eight of the transportation stocks I track remain sell-rated, according to

I view TravelCenters as an alternative to transportation stocks, as additional traffic to these service centers will be a leading indicator for renewed demand for trucking services.

In today's table, all eight stocks are overvalued, five by more than 20%. Seven had double-digit gains of 10.7% to 54.4% over the last 12 months. The projected losses for the next 12 months range from down 4.8% to down 9.1%. All are above their 200-day simple moving averages which risks reversion to the mean.

2 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs