These Railroad Stocks are Leading the Transportation Sector Higher

Through early trading on Tuesday, September 13, 2011, these stocks are helping the Transportation (NYSE:IYT) sector today despite RBC Capital Mkts downgrading its rating on FedEx¬†(NYSE:FDX)¬†from Outperform to Sector Perform and changed its price target from $105 to $78.. 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.

Union Pacific Corporation (NYSE:UNP) is among the top price gainers in the sector. Its shares are trading at $86.94, up $2.65 (+3.1%) from the previous close of $84.29. 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 July 14, 2011, to September 9, 2011, the stock price had fallen $15.09 (-15.1%) from $100.18 to $85.09. 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% (+$7.70). 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% (-$5.92).

Norfolk Southern Corporation (NYSE:NSC) is among the sector price gainers, as its shares are trading at $66.61, up $1.85 (+2.9%) from the previous close of $64.76. Norfolk Southern Corp. is engaged in rail transportation of raw materials, intermediate products, and finished goods.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $8.77 (-11.9%) from $73.60 to $64.83. 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).

CSX Corporation (NYSE:CSX) is among the top price gainers in the sector. Its shares are trading at $20.04, up 53 cents (+2.7%) from the previous close of $19.51. CSX Corporation 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 September 9, 2011, the stock price had fallen $5.53 (-22%) from $25.11 to $19.58. 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 September 24, 2010 and October 4, 2010 when shares fell for seven straight trading days, falling 3% (-56 cents).

Southwest Airlines Co. (NYSE:LUV) is among the sector price gainers, as its shares are trading at $8.28, up 32 cents (+4%) from the previous close of $7.96. Southwest Airlines Co. is a passenger airline that provides air transportation in the United States.

Stock Price Performance: From June 15, 2011, to September 9, 2011, the stock price had fallen $2.70 (-25.1%) from $10.76 to $8.06. 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).

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is among the top price gainers in the sector. Its shares are trading at $39.21, up $1.07 (+2.8%) from the previous close of $38.14. J.B. Hunt Transport Services, Inc is the wholesale distributor of specialty technology products, providing value-added distribution sales to resellers in the specialty technology markets.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $9.52 (-20%) from $47.57 to $38.05. The stock price saw one of its best stretches over the last year between March 23, 2011 and March 31, 2011 when shares rose for seven straight trading days, rising 5.8% (+$2.49). It saw one of its worst periods between August 12, 2011 and August 19, 2011 when shares fell for six straight trading days, falling 10.6% (-$4.38).