In the investing world, the Transportation sector is usually referred to as a category of companies that provides services to move people or goods. The transportation sector consists of several companies that are in the business of air freight and logistics, airlines, marine, road and rail, and transportation infrastructure. The Dow Jones Transportation Average (DJT) saw a sharp decline of over 70% during the March stock market panic before rebounding back to all times high. The index returned 19.11% in the last 12 months.
Here are some of the sector’s Top Stocks for 2020\2021:
United Parcel Service, Inc. – (UPS)
United Parcel Service, Inc. (UPS) is an American multinational package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations.
The stock returned 37.82% in the last 1 year, and more than 50% from its March lows.
Kirby Corporation – (KEX)
Kirby Corporation is the premier tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii. Kirby is a “One-Stop Shop” for customers, providing a critical link in customers’ supply chains, transporting and transferring bulk liquid products that keep plants and refineries operating efficiently.
The stock returned 45.10% in the last 3 months.
Triton International Limited – (TRTN)
Triton International Ltd. is engaged in the operation and management of fleet of intermodal marine dry, refrigerated, and cargo containers. The company is the world’s largest lessor of intermodal containers, which are large, standardized steel boxes used to transport freight by ship, rail or truck.
The stock returned 24.94% in the last year, more than doubling in value since its March lows.
Expeditors International of Washington – (EXPD)
Expeditors is an American Fortune 500 service-based logistics company. Expeditors generates highly optimized and customized supply chain solutions for their clients with unified technology systems integrated through a global network of 357 locations in 60+ countries on six continents.
As a service-based company, they don’t own the aircraft, ships, or trucks they use every day. This means the company can be highly flexible in their approach to supply chain management, and very effective at finding the best route and pricing options.
The stock returned 16.11% in the last 1 year and has almost doubled since its March lows.
Southwest Airlines – (LUV)
Southwest Airlines Co. is a major American airline headquartered in Dallas, Texas, and is the world’s largest low-cost carrier. With the proliferation of vaccines in the United States and the rise of domestic tourism, Southwest is expected to be a major beneficiary.
The stock returned 25.82% in the last 3 months and it has doubled since its March lows.