Transportation Stocks Moving Higher with Markets

Through early afternoon trading on Thursday, August 11, 2011, these stocks are helping 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 Golar LNG Limited (NASDAQ:GLNG) are trading at $32.84, up $3.08 (+10.4%) from a previous close of $29.76. 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: During July 12, 2011 to August 9, 2011, the stock price had dropped $7.90 (-20.9%) from $37.76 to $29.86. 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 days, rising 11.7% (+$4.09) over that span. It saw one of its worst periods between August 17, 2010 and August 24, 2010 when shares fell for six-straight days, falling 9.2% (-97 cents) over that span.

FedEx Corporation (NYSE:FDX) is among the top price gainers in the sector today. Its shares are trading at $79.07, up $3.75 (+5%) from a previous close of $75.32. FedEx Corporation provides various transportation, e-commerce and business services.

Stock Price Performance: During July 12, 2011 to August 9, 2011, the stock price had dropped $14.33 (-15.2%) from $94.08 to $79.75. The stock price saw one of its best stretches over the last year between June 16, 2011 and June 23, 2011 when shares rose for six-straight days, rising 7.5% (+$6.48) over that span. It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine-straight days, falling 9.3% (-$8.64) over that span.

Expeditors International of Washington, Inc. (NASDAQ:EXPD) is one of the top price gainers today. Its stock price is $43.25, which is $2.11 (+5%) above the previous close of $41.21. Expeditors International of Washington Inc. offers global logistics services through an international network supporting the movement and strategic positioning of goods.

Stock Price Performance: During May 13, 2011 to August 9, 2011, the stock price had fallen $9.97 (-18.9%) from $52.82 to $42.85. 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 days, rising 7.9% (+$3.69) over that span. It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight-straight days, falling 7.8% (-$4.11) over that span.

Wabtec Corporate (NYSE:WAB) is among the sector price gainers today, as its shares are trading at $56.30, up $2.25 (+4.2%) from a previous close of $54.05. 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: During May 16, 2011 to August 10, 2011, the stock price had fallen $12.23 (-18.5%) from $66.28 to $54.05. 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 days, rising 8.4% (+$5.25) over that span. It saw one of its worst periods between November 5, 2010 and November 16, 2010 when shares fell for eight-straight days, falling 5% (-$2.41) over that span.

Shares of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) are trading at $65.56, up $2.61 (+4.2%) from a previous close of $62.95. 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: During July 13, 2011 to August 10, 2011, the stock price had dropped $16.65 (-20.9%) from $79.60 to $62.95. 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 days, rising 5.9% (+$4.21) over that span. It saw one of its worst periods between July 25, 2011 and August 2, 2011 when shares fell for seven-straight days, falling 13.3% (-$10.80) over that span.