Best Transportation Stocks To Watch Now – April 29th

Booking, Berkshire Hathaway, and Chevron 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 goods or passengers by land, sea, or air. This sector encompasses airlines, railroads, trucking firms, shipping lines and third-party logistics providers. Because demand for their services fluctuates with trade volumes, consumer spending and fuel prices, transportation stocks are often viewed as cyclical indicators of broader economic activity. These companies had the highest dollar trading volume of any Transportation stocks within the last several days.

Booking (BKNG)

Booking Holdings Inc, formerly The Priceline Group Inc., is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

Shares of NASDAQ BKNG traded up $31.94 during mid-day trading on Tuesday, hitting $4,921.89. 199,602 shares of the company’s stock traded hands, compared to its average volume of 250,374. Booking has a 1 year low of $3,180.00 and a 1 year high of $5,337.24. The company’s 50-day moving average is $4,648.23 and its two-hundred day moving average is $4,804.01. The company has a market capitalization of $160.66 billion, a P/E ratio of 28.45, a PEG ratio of 1.71 and a beta of 1.37.

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.

Shares of NYSE:BRK.B traded up $3.00 during trading on Tuesday, hitting $533.94. The company had a trading volume of 1,820,654 shares, compared to its average volume of 4,127,241. The stock has a market cap of $1.15 trillion, a price-to-earnings ratio of 10.79, a price-to-earnings-growth ratio of 3.45 and a beta of 0.80. The company has a fifty day simple moving average of $513.84 and a two-hundred day simple moving average of $481.15. Berkshire Hathaway has a one year low of $396.35 and a one year high of $539.00.

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.

CVX traded down $0.53 during trading on Tuesday, reaching $139.58. The company had a trading volume of 4,914,182 shares, compared to its average volume of 7,922,199. The company has a quick ratio of 0.80, a current ratio of 1.07 and a debt-to-equity ratio of 0.13. Chevron has a 52 week low of $132.04 and a 52 week high of $168.96. The stock has a market cap of $245.74 billion, a P/E ratio of 14.35, a PEG ratio of 1.46 and a beta of 0.93. The business has a 50 day simple moving average of $151.35 and a 200-day simple moving average of $152.91.