Top Transportation Stocks to Consider – February 21st

Today, five notable transportation stocks are capturing attention in the market: Booking, Uber Technologies, Vertiv, Berkshire Hathaway, and FedEx. As part of the transportation sector, these companies are involved in various services such as airlines, railroads, trucking, and shipping.

Investors often track the performance of transportation stocks as they can indicate the overall health of the economy, reflecting the movement of goods and services for production and consumption. Recently, these companies showcased the highest trading volumes in the transportation category.

Booking (BKNG)

Booking Holdings Inc., formerly known as The Priceline Group Inc., is a major player in the online travel and restaurant reservation industry. It connects consumers with travel service providers globally, offering accommodation options that range from hotels to vacation rentals through its platforms like Booking.com, priceline.com, and agoda.com.

On Friday, Booking shares traded down $15.54, landing at $5,002.69, with a trading volume of 517,426 shares. The company has a market cap of $165.59 billion, a price-to-earnings ratio of 33.79, and a one-year high of $5,337.24.

Uber Technologies (UBER)

Uber Technologies, Inc. operates technology applications worldwide, including regions like the Americas and Europe. Its business segments include Mobility, Delivery, and Freight. The Mobility segment provides a variety of transportation options, such as ridesharing, rentals, and public transit.

Uber shares decreased by $2.75, reaching $78.51 with a trading volume of 14,592,776 on Friday. The company boasts a market cap of $164.01 billion and a price-to-earnings ratio of 17.24, with its shares having a one-year low of $54.84.

Vertiv (VRT)

Vertiv Holdings Co focuses on critical digital infrastructure technologies and services relevant to data centers, communication networks, and various business environments across multiple regions.

On Friday, Vertiv shares fell by $8.67, bringing them down to $96.16, with a trading volume of 11,591,133 shares. The company's market capitalization stands at $36.09 billion, and it has a price-to-earnings ratio of 74.97, with shares ranging between a low of $61.25 and a high of $155.84 over the past year.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc. operates in insurance, freight rail transportation, and utility sectors globally. It offers diverse insurance services while also managing a range of utility operations.

Berkshire Hathaway shares traded down $2.05 on Friday, concluding the day at $479.76, with a trading volume of 2,007,069 shares. The company has a market cap of $1.03 trillion, a price-to-earnings ratio of 9.69, and has fluctuated within a year ranging from $395.66 to $491.67.

FedEx (FDX)

FedEx Corporation is known for its transportation, e-commerce, and business services on both national and international scales, offering express and freight transportation services.

On Friday, FedEx shares experienced a decline of $14.46, reaching $254.01, and a trading volume of 3,409,905 shares. The market cap for FedEx is $61.18 billion, with a price-to-earnings ratio of 16.22, and its stock has seen a one-year low of $239.07.

stocks, transportation, investment