Train (Stocks) Kept a Rollin'
With the Dow Jones Transportation Average trading near all-time highs, is it too late to hop on board and buy, or do buyers risk getting sidetracked by already impressive gains? Let's break down the components of the DJT and see if we can catch names in this sector that haven't already left the station.
The transportation sector is considered a leading indicator for the U.S. economy, so the fact that it's nearly doubled the gains of the broader market year to date bodes well for the economic future. Even if you're unimpressed with Friday's big non-farm payroll beat, the surge in airline, trucking and railroad stocks tells us that more good news is down the tracks....380 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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