Some of the names on the move ahead of the open.» Read More
In Tuesday’s Web Extra the traders talk transports and reveal at least one name they feel is a bull play.
Transport stocks have been outperforming the market so far this year. Does it signal a new bull market, or have they just gone too far, too fast?
Everything's down this year, right? Wrong! The Dow Jones Transportation Index is up more than 2 percent -- double digits in the last several months. Thomas Wadewitz of JPMorgan has some insights.
John Barnes, transportation analyst at BB&T Capital Markets, sees a weak, tepid, "pretty tough" first quarter. So should investors stay out of transports for now? "Absolutely not," he told CNBC. "We'd be diving in. You want to buy...when things are at their bleakest."