UPS and FedEx Help These Transportation Stocks Rally: UPS, UNP, FDX, NSC, WAB

Through early trading, 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.

United Parcel Service, Inc. (NYSE:UPS) is one of the top price gainers. Its stock price is $65.54, which is $1.48 (+2.3%) above the previous close of $64.06. United Parcel Service offers services in the package and freight delivery industry.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $9.09 (-12.4%) from $73.15 to $64.06. 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 trading days, rising 3.3% (+$2.25). It saw one of its worst periods between July 21, 2011 and July 28, 2011 when shares fell for six straight trading days, falling 7.1% (-$5.22).

Shares of Union Pacific Corporation (NYSE:UNP) are trading at $85.57, up $2.08 (+2.5%) from the previous close of $83.49. Union Pacific links 23 states in the western two-thirds of the United States through its operating company, Union Pacific Railroad Company.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $18.25 (-17.9%) from $101.74 to $83.49. 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).

FedEx Corporation (NYSE:FDX) is one of the top price gainers. Its stock price is $69.84, which is $1.98 (+2.9%) above the previous close of $67.86. FedEx Corporation provides various transportation, e-commerce and business services.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $27.06 (-28.5%) from $94.92 to $67.86. 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 trading days, rising 7.5% (+$6.47). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 9.3% (-$8.62).

Shares of Norfolk Southern Corporation (NYSE:NSC) are trading at $62.97, up $1.22 (+2%) from the previous close of $61.75. Norfolk Southern is engaged in rail transportation of raw materials, intermediate products, and finished goods.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $12.48 (-16.8%) from $74.23 to $61.75. 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). 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).

Wabtec Corporate (NYSE:WAB) is one of the top price gainers. Its stock price is $54.55, which is $1.27 (+2.4%) above the previous close of $53.28. Westinghouse Air Brake Technologies is a provider of value-added, technology-based products and services for the global rail industry.

Stock Price Performance: From July 11, 2011, to October 4, 2011, the stock price had fallen $11.94 (-18.3%) from $65.22 to $53.28. 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).

 

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