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Transportation Stocks Worth Watching - October 23rd

American Airlines Group logo with Transportation background

Key Points

  • American Airlines Group, Berkshire Hathaway, and Union Pacific are highlighted as the top transportation stocks to watch, indicating their high trading volume and potential investment opportunities.
  • Transportation stocks are sensitive to economic factors such as fuel costs and freight demand, making them useful for gauging overall economic activity and trends in growth and inflation.
  • Berkshire Hathaway is involved in diverse sectors, including insurance, freight rail transportation, and renewable energy, showcasing its wide-ranging business model.
  • Five stocks to consider instead of American Airlines Group.

American Airlines Group, Berkshire Hathaway, and Union Pacific are the three Transportation stocks to watch today, according to MarketBeat's stock screener tool. Transportation stocks are shares of companies whose primary business is moving people or goods, including airlines, railroads, trucking and shipping firms, logistics and courier companies, ports, and related equipment or technology providers. These stocks tend to track overall economic activity and are sensitive to factors like fuel costs, freight demand, capacity constraints, and regulation, so investors often use them to gauge growth and inflation trends. 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

See Also

Should You Invest $1,000 in American Airlines Group Right Now?

Before you consider American Airlines Group, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Airlines Group wasn't on the list.

While American Airlines Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

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