7 Transportation Stocks to Avoid During These Trying Times
Due to a critical divergence between consumer demand and shipment viability, transportation stocks are too risky for many investors. Knight-Swift Transportation ( KNX ): Down big this year, KNX may have difficulty repeating its otherwise outstanding financial performance in 2021. J.B. Hunt ( JBHT ): After pinging a very worrisome technical pattern, investors ought to head for the sidelines. Landstar System ( LSTR ): Like many transportation stocks, LSTR’s worrying technical pattern suggests investors should avoid the sector for now. United Parcel Service ( UPS ): With e-commerce sales as a percentage of total retail declining since 2020, UPS could be a wake-up call among transportation stocks. Union Pacific ( UNP ): Despite an okay performance given the circumstances, UNP stock has looked ugly of late. Danaos ( DAC ): Global supply chain disruptions will likely hurt the international shipping industry, boding poorly for DAC. TFI International ( TFII ): TFII is a benchmark for its North American operations and its hefty losses don’t spell great things ahead.
7 Transportation Stocks to Avoid During These Trying Times
Due to a critical divergence between consumer demand and shipment viability, transportation stocks are too risky for many investors. Knight-Swift Transportation ( KNX ): Down big this year, KNX may have difficulty repeating its otherwise outstanding financial performance in 2021. J.B. Hunt ( JBHT ): After pinging a very worrisome technical pattern, investors ought to head for the sidelines. Landstar System ( LSTR ): Like many transportation stocks, LSTR’s worrying technical pattern suggests investors should avoid the sector for now. United Parcel Service ( UPS ): With e-commerce sales as a percentage of total retail declining since 2020, UPS could be a wake-up call among transportation stocks. Union Pacific ( UNP ): Despite an okay performance given the circumstances, UNP stock has looked ugly of late. Danaos ( DAC ): Global supply chain disruptions will likely hurt the international shipping industry, boding poorly for DAC. TFI International ( TFII ): TFII is a benchmark for its North American operations and its hefty losses don’t spell great things ahead.