Transportation plays a vital role in our current interconnected global economy. From shipments of goods abroad to travels across cities, states, and even countries, transportation represents a wide array of services. Without proper transportation systems, our economy could collapse at any minute. Thus, when choosing transportation stocks, it’s important to consider the company’s pattern of stability and reliability. Below are the three best transportation stocks to buy in June 2024. SkyWest (SKY
Lower revenues across segments and higher net interest expense weigh on J.B. Hunt's (JBHT) bottom line.
Transportation stocks have been under duress of late. The Dow Jones Transportation Index is up 5% in the past six months, lagging the S&P 500’s 18% gain. The transportation sphere is typically more sensitive to fuel price hikes, regulatory changes, and other economic conditions. Hence, the savvy investor will want to consider offloading transportation stocks to sell. Furthermore, despite a positive earnings season for corporate America, many of the transportation bellwethers missed top and botto