CSX Corporation and 4 Transportation Stocks Investors are Buying: CSX, EXPD, WAB, GLNG, LSTR

Through early trading on Monday, October 10, 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.

CSX Corporation (NYSE:CSX) is one of the top price gainers. Its stock price is $20.62, which is 53 cents (+2.7%) above the previous close of $20.09. CSX provides rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $5.02 (-20%) from $25.11 to $20.09. The stock price saw one of its best stretches over the last year between December 23, 2010 and January 3, 2011 when shares rose for seven straight trading days, rising 3.1% (+65 cents). It saw one of its worst periods between May 10, 2011 and May 17, 2011 when shares fell for six straight trading days, falling 6.7% (-$1.76).

Expeditors International of Washington, Inc. (NASDAQ:EXPD) is among the top price gainers in the sector. Its shares are trading at $43.85, up $1.22 (+2.8%) from the previous close of $42.64. Expeditors International of Washington offers global logistics services through an international network supporting the movement and strategic positioning of goods.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $7.25 (-14.5%) from $49.89 to $42.64. 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).

Wabtec Corporate (NYSE:WAB) is among the sector price gainers, as its shares are trading at $58.06, up $2.33 (+4.2%) from the previous close of $55.73. Westinghouse Air Brake Technologies is a provider of value-added, technology-based products and services for the global rail industry.

Stock Price Performance: From October 3, 2011, to October 7, 2011, the stock price had risen $5.58 (11.1%) from $50.15 to $55.73. The stock price saw one of its best stretches over the last year between July 14, 2011 and July 26, 2011 when shares rose for nine straight trading days, rising 8.4% (+$5.24). It saw one of its worst periods between November 5, 2010 and November 16, 2010 when shares fell for eight straight trading days, falling 5% (-$2.42).

Golar LNG Limited (NASDAQ:GLNG) is among the top price gainers in the sector. Its shares are trading at $33.20, up $1.88 (+6%) from the previous close of $31.32. Golar LNG Energy engages in the acquisition, ownership, operation, and chartering of liquefied natural gas (AMEX:LNG) carriers and floating storage regasification units.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $6.25 (-16.6%) from $37.57 to $31.32. 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% (+$4.06). It saw one of its worst periods between August 30, 2011 and September 6, 2011 when shares fell for five straight trading days, falling 5.9% (-$1.92).

Landstar System, Inc. (NASDAQ:LSTR) is among the sector price gainers, as its shares are trading at $42.02, up $1.19 (+2.9%) from the previous close of $40.84. Landstar System is engaged as a transportation and logistics services company, providing transportation capacity and related transportation services to shippers throughout the United States and in parts of Canada.

Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $5.50 (-11.9%) from $46.34 to $40.84. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six straight trading days, rising 5.1% (+$2.30). It saw one of its worst periods between November 4, 2010 and November 16, 2010 when shares fell for nine straight trading days, falling 4.1% (-$1.61).