5 Transportation Stocks Steaming Higher Now

Through early trading on Wednesday, September 7, 2011, these stocks are helping the Transportation (NYSE:IYT) sector today. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Norfolk Southern Corporation (NYSE:NSC) is among the sector price gainers, as its shares are trading at $66.25, up $1.22 (+1.9%) from the previous close of $65.03. Norfolk Southern Corp. is engaged in rail transportation of raw materials, intermediate products, and finished goods.

Stock Price Performance: From July 11, 2011, to September 6, 2011, the stock price had fallen $9.20 (-12.4%) from $74.23 to $65.03. The stock price saw one of its best stretches over the last year between February 3, 2011 and February 17, 2011 when shares rose for 11 straight trading days, rising 7.2% (+$4.32). It saw one of its worst periods between July 28, 2011 and August 4, 2011 when shares fell for six straight trading days, falling 9.5% (-$7.20).

C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) is among the top price gainers in the sector. Its shares are trading at $66.74, up $1.34 (+2%) from the previous close of $65.40. CH Robinson Worldwide, Inc. is a third party logistics company which provides freight transportation and logistics solutions to a variety of clients.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $14.16 (-17.4%) from $81.15 to $66.99. The stock price saw one of its best stretches over the last year between March 23, 2011 and April 4, 2011 when shares rose for nine straight trading days, rising 5.9% (+$4.19). It saw one of its worst periods between July 25, 2011 and August 2, 2011 when shares fell for seven straight trading days, falling 13.3% (-$10.76).

Expeditors International of Washington, Inc. (NASDAQ:EXPD) is among the sector price gainers, as its shares are trading at $42.67, up 84 cents (+2%) from the previous close of $41.84. Expeditors International of Washington Inc. offers global logistics services through an international network supporting the movement and strategic positioning of goods.

Stock Price Performance: From July 11, 2011, to September 6, 2011, the stock price had fallen $9.74 (-18.9%) from $51.58 to $41.84. The stock price saw one of its best stretches over the last year between March 22, 2011 and April 1, 2011 when shares rose for nine straight trading days, rising 7.9% (+$3.69). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 7.8% (-$4.11).

Southwest Airlines Co. (NYSE:LUV) is among the top price gainers in the sector. Its shares are trading at $8.39, up 33 cents (+4.1%) from the previous close of $8.06. Southwest Airlines Co. is a passenger airline that provides air transportation in the United States.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $3.12 (-27.4%) from $11.37 to $8.25. The stock price saw one of its best stretches over the last year between February 2, 2011 and February 11, 2011 when shares rose for eight straight trading days, rising 7.1% (+82 cents). It saw one of its worst periods between July 19, 2011 and July 28, 2011 when shares fell for eight straight trading days, falling 7.5% (-79 cents).

Golar LNG Limited (NASDAQ:GLNG) is among the sector price gainers, as its shares are trading at $31.89, up 73 cents (+2.3%) from the previous close of $31.16. Golar LNG Energy Limited engages in the acquisition, ownership, operation, and chartering of liquefied natural gasĀ carriers and floating storage regasification units.

Stock Price Performance: From July 8, 2011, to September 2, 2011, the stock price had fallen $7.16 (-18.4%) from $38.98 to $31.82. The stock price saw one of its best stretches over the last year between June 30, 2011 and July 8, 2011 when shares rose for six straight trading days, rising 11.7% (+$4.09). It saw one of its worst periods between August 30, 2011 and September 2, 2011 when shares fell for four straight trading days, falling 3.8% (-$1.27).

More from The Cheat Sheet