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Top Transportation Stocks To Research - October 24th

American Airlines Group logo with Transportation background

Key Points

  • American Airlines Group, Berkshire Hathaway, Union Pacific, United Airlines, and Joby Aviation are the top five transportation stocks highlighted for October 24th, based on high dollar trading volume.
  • Transportation stocks are key economic indicators as their revenues depend on factors like freight and passenger demand, fuel and labor costs, and regulatory changes.
  • Joby Aviation focuses on developing an electric vertical takeoff and landing aircraft and aims to create an aerial ridesharing service.
  • Interested in American Airlines Group? Here are five stocks we like better.

American Airlines Group, Berkshire Hathaway, Union Pacific, United Airlines, and Joby Aviation are the five Transportation stocks to watch today, according to MarketBeat's stock screener tool. Transportation stocks are shares of companies that provide the movement of people or goods, including airlines, railroads, trucking firms, shipping lines, and logistics or freight-forwarding companies. Investors watch them as cyclical economic indicators because their revenues and margins are tied to freight and passenger demand, fuel and labor costs, capacity/utilization, and trade or regulatory changes. These companies had the highest dollar trading volume of any Transportation stocks within the last several days.

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

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

Union Pacific (UNP)

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

Read Our Latest Research Report on UNP

United Airlines (UAL)

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.

Read Our Latest Research Report on UAL

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

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