These Truckers Keep on Rolling
In mid-September, I profiled several trucking and transportation logistics companies. I wrote at the time that the recently announced quantitative easing program from the Federal Reserve would goose activity in the transport sector. Also, these companies had no exposure to the deep decline in coal traffic that affected railroad operators. All the stocks are up since being profiled, led by Swift Transportation's (SWFT) return of better than 70%, followed by Arkansas Best (ABFS), which has gained a third since mid-September.
I still believe the sector offers bargains, as the housing recovery seems to be real and economic activity should accelerate -- if we can get through the next few months in Washington without any major damage to the economy....344 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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