Avondale On Transportation: FedEx, Canadian Pacific, Marten Named Top Picks

Donald Broughton, Avondale's Chief Market Strategist, gave a few of his Best Ideas for 2016, highlighting companies in the transportation industry. Air Freight and Parcel: FedEx Corporation

FedEx is down 14.06 percent YTD and has shown further weakness in December, falling 9.05 percent this month top close out 2015. However according to Fedex CEO Mike Glenn, the company has showed strength this holiday season. "We've experienced record-breaking demand during this peak season, largely driven by the rapid growth of e-commerce. Our busiest days during peak have exceeded our forecast and more than double our average daily volume." Railroads: Canadian Pacific Railway Limited

Canadian Pacific Railway is down 33.29 percent YTD and has fallen over 13 percent this past month. Trucking: Marten Transport Ltd.

Marten Transport is down 18.53 percent this year and has fallen 3.26 percent in the month of December. Currently Fedex is trading at $148.74, down 0.27 percent. Currently Canadian Pacific Railway is trading at $127.75, down 0.61 percent. Currently Marten Transport is trading at $17.89, up 0.42 percent.