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Kanundrum Research Believes In Transport Sector
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Posted on 11/11/09 at 3:58pm by Craig Jones
Brian Kelly of Kanundrum Research said on CNBC's Fast Money that he likes transport sector and thinks that the sector is a good play if you believe in the economic recovery.
Norfolk Southern Corp. (NYSE: NSC) is the stock Brian Kelly owns. He believes that a railroad trade is a bet on China and a coal. NSC gained 0.42% so far today.
United Parcel Service, Inc. (NYSE: UPS) is expecting a holiday season to be better than expected and its stock price gained 2.43%. FedEx (NYSE: FDX) is another company that could benefit if holiday season proves to be good. FDX gained 0.37% today.
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