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Buy TravelCenters as the Economy Improves

Reading the Table

OV / UN Valued -- The stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.

VE Rating -- A "1-Engine" rating is a Strong Sell, a "2-Engine" rating is a Sell, a "3-Engine" rating is a Hold, a "4-Engine" rating is a Buy and a "5-Engine" rating is a Strong Buy.

Last 12-Month Return (%) -- Stocks with a Red number declined by that percentage over the last 12 months. Stocks with a Black number increased by that percentage.

Forecast One-Year Return -- Stocks with a Red number are projected to decline by that percentage over the next twelve months. Stocks with a Black number in the Table are projected to move higher by that percentage over the next twelve months.

Value Level is the price at which to enter a GTC Limit Order to buy on weakness. The letters mean; W-Weekly, M-Monthly, Q-Quarterly, S-Semiannual and A- Annual.

Pivot: A level between a value level and risky level that should be a magnet during the time frame noted.

Risky Level: is the price at which to enter a GTC Limit Order to sell on strength.

Con-Way (CNW) ($43.80) set a multi-year high at $46.52 on Aug. 2. My semiannual value level is $41.77 with a monthly pivot at $43.74 and weekly risky level at $44.63.

CSX (CSX) ($25.32) set a multi-year high at $26.68 on Aug. 2. My weekly value level is $24.36 with a monthly risky level at $27.34.

FedEx (FDX) ($108.61) set a multi-year high at $110.33 on August 1. My semiannual value level is $105.29 with a weekly pivot at $108.54 and monthly risky level at $109.97.

JB Hunt Transport (JBHT) ($75.47) set its multi-year high at $78.39 on August 1. My semiannual value level is $72.05 with a weekly risky level at $77.27.

Norfolk Southern (NSC) ($74.29) is trading between its 200-day SMA at $70.81 and its 50-day SMA at $74.74. My weekly value level is $72.39 with an annual risky level at $75.90.

Old Dominion Freight (ODFL) ($45.65) set a new multi-year high at $45.79 this morning, which is a test of my monthly risky level at $45.73. My weekly value level is $44.82.

Union Pacific (UNP) ($160.19) set its multi-year high at $165.18 on July 22. My semiannual value level is $149.48 with a weekly pivot at $160.96 and semiannual risky level at $167.94.

United Parcel Service (UPS) ($87.71) set a multi-year high at $91.78 on July 11. My semiannual value level is $83.04 with a weekly risky level at $88.35.



At the time of publication the author had no position in any of the stocks mentioned.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.

Richard Suttmeier has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. In 1981 he formed the Government Bond Department at LF Rothschild and helped establish that firm as a primary dealer in 1986. Richard began writing market research in 1984 and held positions as market strategist at firms such as Smith Barney, William R Hough, Joseph Stevens, and Rightside Advisors. He joined www.ValuEngine.com in 2008 producing newsletters covering the U.S. capital markets, and a universe of more than 7,000 stocks. Richard employs a "buy and trade" investment strategy and can be reached at RSuttmeier@Gmail.com.
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