Latest News

Ride the transports rally with these stocks, which still have room to run

0

Union Pacific Corp. employee Jeff Smith wears a safety hat bearing the company’s logo as he surveys rail cars at its facility at the Port of Oakland in Oakland, California, U.S., on Wednesday, Jan. 23, 2013.

Ken James | Bloomberg | Getty Images

The Dow Jones Transportation Average is hovering at a record high yet Wall Street still has high hopes for some of the indexes constituents as the economy booms from the pandemic recovery.

The Dow Transports notched an all-time high of $15,081.22 on Friday.

The average also got a boost on Tuesday after Canadian National Railway offered $325 per share in cash and stock for Kansas City Southern. This offer topped the $275 per share offer from Canadian Pacific.

$100 million N.J. deli linked to shell company E-Waste, whose stock soared despite lack of business

Previous article

‘We’re all afraid’ of Google and Apple, app makers tell Congress

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News