3 Transportation Stocks to Buy Before 2022 -Breaking
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Travel and goods delivery will be at their peak during the holidays. We believe it would be wise to buy shares in quality transport stocks J.B. Hunt, Landstar (LSTR), Ryder (R). Read on.This year’s holiday season is expected to contrast with last year’s debilitated transportation industry. AAA predicts that more than 109,000,000 Americans will travel in the period between December 23 and January 2 2022. These numbers are expected to increase transportation industry sales over the next few years. And investors’ interest in the transportation space is evidenced by the SPDR S&P Transportation ETF’s (XTN) 5.5% gains over the past three months.
Furthermore, the growing freight demand is expected to boost the transportation industry’s growth. ReportLinker predicts that the world’s public transport market will grow by almost 6% between 2021 and 2025.
We believe it would be prudent to place our money on J.B. Hunt Transport Services, Inc., a fundamentally solid transportation stock. Landstar System Ryder System, Inc.
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