This Day On The Street
Continue to site
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

17 Transportation Stocks Illustrate Difficult Stock Picking

Along the interstate highways Saia (SAIA) and Swift Transport (SWFT) moved into the fast lanes with gains of 115.8% and 116% respectively over the last 12 months.

The 17 transportation stocks are in a sector that's 29.9% overvalued with an underweight rating as 76.5% of the 170 stocks in this sector have sell or strong sell ratings.

iShares Dow Transports (IYT) ($131.92) set a all-time intra-day high at $134.10 on Monday and closed below Friday's low at $132.37, which is a key reversal given lower closes today and tomorrow. The weekly chart shown below is positive but overbought with its five-week modified moving average at $129.99 and the 200-week simple moving average at $95.92. My semiannual and quarterly value levels are $129.17 and $126.32 with monthly and semiannual pivots at $131.56 and $131.89. My annual value level is $111.27.

Courtesy of MetaStock Xenith

2 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
Only $9.95
14-Days Free
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!
FDX $168.00 0.00%
UPS $95.38 0.00%
AAPL $124.75 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs