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Josh Brown's 'best stocks in the market': Transports
CNBC Television· 2025-12-22 18:45
longest streak for the transport since July. Four straight weeks of gains, which is why the spotlight for Josh Brown's best stocks in the market is shining bright on that group today. And a couple of names, which ones.>> What a what a setup. Uh CSX and FedEx. I'll do uh CSX is a little bit more cut and dry.I'll do that one first very quickly. The stock is an unqualified buy right now. It broke out.It had a low volume retest. These are all the things the technicians tell you are are important. Um I think the ...
Josh Brown's 'best stocks in the market': Transports
Youtube· 2025-12-22 18:45
Core Viewpoint - The transportation sector is experiencing its longest streak of gains since July, with a focus on stocks like CSX and FedEx, which are seen as strong investment opportunities [1]. Company Analysis CSX - CSX is currently rated as an unqualified buy, having recently broken out of a key resistance level [1]. - The stock has a historical support level at 35.5, indicating relatively small downside risk for traders, while investors may consider giving it more room [2]. - A significant resistance level is noted at 36-37, which the stock has struggled to surpass, but a breakout could lead to a rise into the low 40s [3]. FedEx - FedEx is undergoing a turnaround, with recent earnings reports showing positive results and subsequent price target increases from Wall Street [3]. - The company is expected to perform better in terms of revenue, pricing power, margins, and earnings per share in the upcoming year compared to the current year [4]. - A historical resistance level at 300 has been challenged multiple times, and there is optimism that the stock will break out, supported by both technical and fundamental factors [5]. Industry Insights - The global logistics sector is highlighted as a strong market, with companies like Expediters International providing significant revenue exposure outside the US [6]. - The current bull market for global logistics is expected to benefit companies like FedEx and CSX, as well as other logistics-related firms such as Prologis [6].