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Top Transportation Stocks To Keep An Eye On - September 12th

Uber Technologies logo with Computer and Technology background

Key Points

  • Uber Technologies, Joby Aviation, and American Airlines Group are highlighted as top transportation stocks to watch due to their recent high trading volumes.
  • Joby Aviation is focusing on developing electric vertical takeoff and landing aircraft for aerial ridesharing, aiming to revolutionize air transportation.
  • American Airlines Group operates as a major air carrier, providing scheduled services for passengers and cargo across key domestic and international hubs.
  • MarketBeat previews the top five stocks to own by October 1st.

Uber Technologies, Joby Aviation, and American Airlines Group are the three Transportation stocks to watch today, according to MarketBeat's stock screener tool. Transportation stocks are shares of publicly traded companies in the transportation sector, including airlines, railroads, shipping lines, trucking firms and logistics providers. They allow investors to gain exposure to firms whose business revolves around the movement of goods and passengers. Because their revenues often track economic activity, transportation stocks can also serve as a barometer for broader market and economic trends. 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

Joby Aviation (JOBY)

Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.

Read Our Latest Research Report on JOBY

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.

Read Our Latest Research Report on AAL

See Also

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