This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
TheStreet Open House

Keep on Trucking at TravelCenters

NEW YORK ( TheStreet) -- When I travel back and forth between Tampa Bay and the New York City area, I keep an eye on the number of trucks on the highways and like to stop along the way where the truckers do, TravelCenters of America (TA). During my last trip in mid-August, I wrote Buy TravelCenters as the Economy Improves.

TravelCenters ($8) had a strong buy rating when I thought the stock had some upside for a buy-and-trade strategy as a proxy for the transportation sector, where 72.4% of the 181 stocks are rated sell or strong sell.

TravelCenters stock closed at $7.57 on Aug. 13 and continued to move sideways to down to $7.35 on Aug. 27. The stock is in the retail-wholesale sector and is now rated buy according to ValuEngine. The 12-month forward price-to-earnings ratio remains at 7.8, and the stock trades at 71% of its book value.

The stock tested its 200-day simple moving average at $8.57 on Tuesday, up about 16% off the recent low. ValuEngine one-year price target is $8.60. My semiannual value level is $7.18 with a quarterly pivot, now a magnet at $8.04 and my semiannual risky level at $9.32.



Today I am profiling 14 stocks in the trucking industry. One is rated a strong buy, one is rated hold and 12 are rated sell. Only two are undervalued and eight are overvalued by more than 20%. Nine have gained more than 40% over the last 12 months with three of these up between 124.2% and 228.1%. Twelve-month trailing P/E ratios are elevated between 16 and 26.8. Thirteen are above their 200-day simple moving averages reflecting the risk of reversion to the mean.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
SYM TRADE IT LAST %CHG
AAPL $125.21 -0.92%
FB $83.29 0.11%
GOOG $552.60 0.10%
TSLA $192.13 0.82%
YHOO $45.00 0.11%

Markets

DOW 17,896.80 -79.51 -0.44%
S&P 500 2,082.97 -3.27 -0.16%
NASDAQ 4,939.2780 -8.1630 -0.16%

Partners Compare Online Brokers

Free Reports

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