Promising Transportation Stocks To Consider - June 24th

Uber Technologies, Carnival, BigBear.ai, Berkshire Hathaway, Chevron, Lockheed Martin, and American Airlines Group are the seven Transportation stocks to watch today, according to MarketBeat's stock screener tool. Transportation stocks are shares of publicly traded companies whose primary business is moving goods or passengers, including airlines, railroads, shipping lines and trucking firms. Because they reflect demand for shipping and travel services, their collective performance is often viewed as a leading indicator of broader economic activity. These companies had the highest dollar trading volume of any Transportation stocks within the last several days.

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

Shares of NYSE UBER traded up $6.84 during mid-day trading on Tuesday, reaching $92.08. 29,491,229 shares of the company were exchanged, compared to its average volume of 23,333,836. Uber Technologies has a twelve month low of $54.84 and a twelve month high of $93.60. The company's 50-day simple moving average is $83.77 and its 200-day simple moving average is $74.60. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $192.55 billion, a P/E ratio of 16.13, a P/E/G ratio of 1.07 and a beta of 1.38.

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Carnival (CCL)

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.

NYSE CCL traded up $1.80 on Tuesday, reaching $25.84. The stock had a trading volume of 57,125,322 shares, compared to its average volume of 25,605,141. Carnival has a 1-year low of $13.78 and a 1-year high of $28.72. The company has a debt-to-equity ratio of 2.78, a current ratio of 0.26 and a quick ratio of 0.21. The company has a market cap of $30.15 billion, a P/E ratio of 17.23, a price-to-earnings-growth ratio of 0.55 and a beta of 2.58. The firm has a fifty day moving average of $21.58 and a two-hundred day moving average of $22.79.

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BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

Shares of NYSE:BBAI traded up $0.93 during midday trading on Tuesday, hitting $5.11. The stock had a trading volume of 262,788,647 shares, compared to its average volume of 72,014,102. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.55. BigBear.ai has a fifty-two week low of $1.16 and a fifty-two week high of $10.36. The company has a market capitalization of $1.49 billion, a P/E ratio of -6.55 and a beta of 3.30. The company's 50-day moving average price is $3.54 and its 200-day moving average price is $4.03.

Read Our Latest Research Report on BBAI

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Berkshire Hathaway stock traded up $8.93 during trading hours on Tuesday, hitting $496.70. The stock had a trading volume of 2,660,017 shares, compared to its average volume of 4,372,436. Berkshire Hathaway has a one year low of $403.82 and a one year high of $542.07. The stock has a market cap of $1.07 trillion, a price-to-earnings ratio of 13.24, a P/E/G ratio of 3.37 and a beta of 0.85. The business's 50 day simple moving average is $507.84 and its 200-day simple moving average is $491.84.

Read Our Latest Research Report on BRK.B

Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

Shares of CVX traded down $3.55 during mid-day trading on Tuesday, reaching $143.31. 6,122,733 shares of the company were exchanged, compared to its average volume of 8,233,020. The business has a 50 day simple moving average of $139.60 and a two-hundred day simple moving average of $148.52. Chevron has a 52 week low of $132.04 and a 52 week high of $168.96. The stock has a market capitalization of $250.28 billion, a PE ratio of 16.38, a PEG ratio of 2.63 and a beta of 0.83. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.82 and a current ratio of 1.08.

Read Our Latest Research Report on CVX

Lockheed Martin (LMT)

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

Shares of NYSE:LMT traded down $13.30 during trading on Tuesday, reaching $459.16. The stock had a trading volume of 1,245,978 shares, compared to its average volume of 1,343,765. The stock has a market cap of $107.58 billion, a price-to-earnings ratio of 19.83, a P/E/G ratio of 1.64 and a beta of 0.29. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.91 and a current ratio of 1.08. The firm's fifty day moving average is $471.56 and its 200 day moving average is $467.62. Lockheed Martin has a 52 week low of $418.88 and a 52 week high of $618.95.

Read Our Latest Research Report on LMT

American Airlines Group (AAL)

American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.

Shares of AAL stock traded up $0.48 during trading hours on Tuesday, hitting $11.38. 49,725,212 shares of the company were exchanged, compared to its average volume of 42,631,640. American Airlines Group has a fifty-two week low of $8.50 and a fifty-two week high of $19.10. The firm has a market cap of $7.51 billion, a P/E ratio of 12.64, a P/E/G ratio of 1.20 and a beta of 1.39. The company has a 50 day simple moving average of $10.81 and a two-hundred day simple moving average of $13.45.

Read Our Latest Research Report on AAL

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