Hot Logistics Stocks to Watch - $DK, $DSGX, $FDX, $EXPD, $CHRW: Unprecedented Growth with +25.13% Surge in One Week! 💹
Join us on an exciting journey into the world of logistics, where innovation and efficiency drive the transportation of goods across the globe. The logistics industry plays a pivotal role in supporting economic growth and global trade, making it a crucial sector to monitor for investors seeking promising opportunities. In the past week, the logistics theme has witnessed a remarkable surge of +25.13%, reflecting the sector's resilience and adaptability in a dynamic market landscape. In this article, we will explore the key companies driving this theme, the factors influencing its remarkable performance, and what the future holds for logistics stocks.
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Industry Description
The logistics group comprises companies specializing in the transportation of products via air, ground, and sea. Unlike passenger transportation companies, these are freight companies responsible for delivering goods efficiently and reliably. The sector's prominent players include Expeditors International of Washington, J.B. Hunt, and Zoetis, among others. Logistics companies, primarily part of the industrial sector, rely on overall economic growth for their prosperity. When the economy is thriving, these companies tend to thrive as well. Conversely, a decline in earnings and revenue within the logistics sector can serve as a potential indicator of an economic downturn. The logistics sector's impressive growth of +25.13% in just one week highlights its resilience and importance in the global economy. As freight companies continue to play a vital role in the transportation of goods, investors can expect significant opportunities for growth and profitability in this dynamic industry. Notable players like $UPS, $FDX, and $CHRW remain at the forefront of shaping logistics' future. With positive market sentiment, favorable fundamental analysis, and promising stock movements, logistics stocks hold tremendous potential for investors seeking to capitalize on the sector's continued expansion. As we look ahead, the logistics theme stands as a beacon of opportunity and innovation in the ever-evolving landscape of the financial markets. Stay tuned for more updates and insights into the fascinating world of logistics and its impact on the global economy!
Tickers of this Theme
$DK, $DSGX, $FDX, $EXPD, $CHRW, $UPS, $SEB, $JBHT, $ODFL, $PTSI, $R, $WERN, $HUBG, $YELL, $MLNK, $RLGT, $CYRX, $VVX, $ULH, $ZTO, $SNDR
Logistics Theme Highlights
Notable Companies
Among the notable companies in the logistics group are United Parcel Service (NYSE: UPS), FedEx Corp (NYSE: FDX), and C.H. Robinson Worldwide (NASDAQ: CHRW). These industry giants play a pivotal role in shaping the logistics landscape and have a significant impact on global trade and supply chain management.
Market Cap
The logistics theme boasts an average market capitalization of 14.6 billion. The range of market caps for tickers in this group varies from 25 million to a staggering 157.5 billion. Leading the pack is United Parcel Service (UPS), with a valuation of 157.5 billion, while the lowest valued company is XSPL with a market cap of 25 million.
High and Low Price Notable News
Over the past week, the logistics theme experienced a robust average weekly price growth of 21.73%. The average monthly price growth stood at 15.92%, and the average quarterly price growth was -3.8%. Notably, YELL recorded the highest price growth at a staggering 531.58%, while MLNK faced a decline of -19.48%.
Volume
The logistics theme witnessed an impressive average weekly volume growth of 81.83%. Over a monthly timeframe, the average volume growth surged to 293.75%, and the average quarterly volume growth settled at 254.89%. Such substantial volume growth indicates the heightened interest and activity in logistics stocks.
Fundamental Analysis Ratings
The logistics theme's fundamental analysis ratings provide valuable insights into the sector's overall health and outlook. As per the ratings, valuation, P/E growth, and SMR ratings are generally favorable, suggesting positive prospects for logistics stocks.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 52
P/E Growth Rating: 49
Price Growth Rating: 76
SMR Rating: 57
Profit Risk Rating: 53
Seasonality Score: -15 (-100 ... +100)
Stock Analysis - Ticker by Ticker
SEB's Moving Average Convergence Divergence (MACD) turned positive on July 12, 2023. This promising signal has historically led to a continued upward trend in 67% of similar instances.
Current price: $3,699.99, Resistance: $4,189.28, Support: $3,358.86
PTSI (P.A.M. Transportation Services, Inc.)
PTSI is experiencing an upward trend, with its price rising above the lower Bollinger Band on July 13, 2023. In 87% of similar cases, a further price increase occurred in the following month.
Current price: $25.73, Resistance: $27.43, Support: $21.44
YELL moved above its 50-day Moving Average on July 31, 2023, signaling a change from a downward trend to an upward trend. Historical data shows an 86% probability of continued upward momentum.
Current price: $3.60, Resistance: $4.50, Support: $1.12
ULH (Universal Logistics Holdings, Inc.)
ULH's Momentum Indicator moved above the 0 level on July 03, 2023, indicating a potential upward move. In 72% of similar instances, the stock moved higher in the following days.
Current price: $32.10, Resistance: $38.13, Support: $29.75
ZTO's MACD Histogram turned positive on July 11, 2023, historically leading to a continued upward trend in 79% of similar cases.
Current price: $27.03, Resistance: $27.64, Support: $25.78
SNDR (Schneider National, Inc.)
SNDR's MACD Histogram crossed above the signal line on July 19, 2023. This bullish signal has historically led to a continued upward trend in 70% of similar instances.
Current price: $31.46, Resistance: $28.56, Support: $28.56
DK's RSI Indicator ascends from oversold territory
The RSI Oscillator for DK moved out of oversold territory on July 24, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 30 similar instances when the indicator left oversold territory. In of the 30 cases the stock moved higher. This puts the odds of a move higher at .
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of petroleum refining and logistics services
Industry OilRefiningMarketing