This Group of Stocks is Next

JC Parets
July 25, 2024

Are you one of those people who thinks that Transportation Stocks are "boring"?

Those kinds of people exist out there you know...

But in my experience, these are some of the most important stocks in the entire market.

And there are ways to leverage these directional moves to maximize the profits in these types of stocks that you think may not move fast enough for you.

First of all, here is the Dow Jones Transportation Average in a long-term uptrend consisting of higher lows and higher highs:

While a few of the large-cap indexes like the S&P500, Dow Industrials and Nasdaq100 have already broken out of this base to make new all-time highs, the Dow Transportation Average has just been waiting its turn.

But when you go through all of the components of this index, you'll quickly find that some names are already breaking out, and the breakout for the index itself is coming very quickly.

Take a look at Matson $MATX for example already hitting new all-time highs

Meanwhile, Ryder Systems $R is doing the exact same thing.

These are the leaders of this group. They're not waiting for the index to break out. They're already getting going on their own...

Have you seen Expeditors $EXPD?

Look at this monster base within an ongoing structural uptrend:

Landstar Systems $LSTR is also looking to complete this massive multi-year base:

This strategy that everyone is talking about is NOT designed to make 10-20% returns.

We're ONLY going for huge winners. In fact, goal number 1 is to get to 100% profit so we can take some money off the table, and then let the rest ride.

The goal here is to generate 3x, 5x and even 8x returns on a single trade.

You need to see this.

Catch the replay here.

And then let me know what you think!

- JC

 

Filed Under