Stock Prices Closed Up for These Stocks in the Transportation Sector

At the close of trading on Tuesday, August 30, 2011, these stocks helped the Transportation (NYSE:IYT) sector. 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.

Shares of Union Pacific Corporation (NYSE:UNP) closed at $92.75, up $1.91 (+2.1%) from the previous close of $90.84. Union Pacific Corporation links 23 states in the western two-thirds of the country through its operating company, Union Pacific Railroad Company.

Stock Price Performance: From June 30, 2011, to August 26, 2011, the stock price had fallen $14.85 (-14.2%) from $104.40 to $89.55. The stock price saw one of its best stretches over the last year between April 21, 2011 and May 3, 2011 when shares rose for eight straight trading days, rising 8.1% (+$7.74). It saw one of its worst periods between January 13, 2011 and January 25, 2011 when shares fell for eight straight trading days, falling 6.1% (-$5.95).

Norfolk Southern Corporation (NYSE:NSC) was one of the top price gainers. It closed at $67.61, which is $1.15 (+1.7%) above the previous close of $66.46. Norfolk Southern Corp. is engaged in rail transportation of raw materials, intermediate products, and finished goods.

Stock Price Performance: From July 29, 2011, to August 26, 2011, the stock price had dropped $10.07 (-13.4%) from $75.25 to $65.18. 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) was among the top price gainers in the sector. Its shares traded at $71.28, up 81 cents (+1.1%) from the previous close of $70.47. 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 1, 2011, to August 29, 2011, the stock price had fallen $10.15 (-12.6%) from $80.62 to $70.47. 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% (+$4.21). 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% (-$10.80).

Shares of Wabtec Corporate (NYSE:WAB) closed at $61.28, up 71 cents (+1.2%) from the previous close of $60.57. Westinghouse Air Brake Technologies Corp is a provider of value-added, technology-based products and services for the global rail industry.It primarily serves the worldwide freight rail and passenger transit industries.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $7.95 (-12.1%) from $65.90 to $57.95. 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) was among the sector price gainers, as it closed at $33.09, up $1.30 (+4.1%) from the previous close of $31.79. Golar LNG Energy Limited 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 29, 2011, to August 26, 2011, the stock price had dropped $7.94 (-20.8%) from $38.13 to $30.19. 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 23, 2011 and August 26, 2011 when shares fell for four straight trading days, falling 3% (-94 cents).