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Promising Transportation Stocks Worth Watching - August 19th

Uber Technologies logo with Computer and Technology background

Key Points

  • Uber Technologies is a key stock to watch, operating across various transportation modalities and recently announcing a significant $20 billion buyback plan.
  • Berkshire Hathaway operates in diverse sectors including insurance and freight rail transportation, providing a broad exposure within the transportation industry.
  • CyberArk Software offers critical identity security solutions, complementing its position in the technology sector despite being mentioned in a transportation-focused context.
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Uber Technologies, Berkshire Hathaway, and CyberArk Software are the three Transportation stocks to watch today, according to MarketBeat's stock screener tool. Transportation stocks are shares of companies that provide the movement of goods or passengers by air, sea, rail and road. This subsector includes airlines, railroads, trucking carriers, shipping lines and third-party logistics providers. Because transportation activity tends to expand with trade and economic growth, these stocks often serve as a barometer for broader market health. 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.

Read Our Latest Research Report on UBER

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.

Read Our Latest Research Report on BRK.B

CyberArk Software (CYBR)

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints.

Read Our Latest Research Report on CYBR

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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