Minggu, 22 November 2020

7 Transportation Stocks You Can't Ignore

The Early Bird - The Morning Financial Newsletter

Good morning -

Economic recoveries have starting places. According to Dow Theory, among the earliest sectors to feel any economic boom is the transportation sector and it's easy to understand why. When businesses begin to increase their activity it results in increased use of shipping and freight services because they need to receive and deliver products.

That's why we took notice when the recession wasn't as deep as everyone had feared. It's why our interest was piqued when the earnings reports started rolling in. It's why we think the transports are about to embark on a sustained rally.

You can believe the media's hype if you want to but we're not buying. The U.S. economy took a hit when the pandemic struck but it isn't down for the count. Far from it. If anything, economic activity is already accelerating at a self-sustaining pace.

The economic data and the earnings reports add up to one thing. That is a robust increase in economic activity in the second half of this year. Considering the fact that inventories are well below last year's levels and supply chains haven't yet fully recovered, the economic acceleration could last well into 2021.

That's why you should be interested in the transportation sector. There is an economic rebound underway already, much bigger than a simple “economic reopening”, this is a secular rebound that will carry the stock market to new all-times over the coming years.

The stocks we're going to show you are the best positioned in their class and poised for growth in the coming years. And we don't just mean financial engineering and stock buybacks we mean real growth. The kind that delivers true value to shareholders and creates wealth.

Some are what you would call traditional transportation stocks while others, others are in the right place at the right time to capitalize on trends in the transportation industry. Transport your portfolio to the next level with these stocks now.

View the “Seven (7) Transportation Stocks You Can't Ignore”

Matthew Paulson
MarketBeat.com

 
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