Josh Brown's 'best stocks in the market': Transports

Scott Wapner (Host of "Halftime Report") 00:00.070

longest streak for the transport since july four straight weeks of gains which is why the spotlight for josh browns best stocks in the market is shining bright on that group today and a couple of names which ones

Josh Brown (CEO) 00:14.750

what is what a setup CSX and fedex i'll do 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 that technicians tell you are are important i think the

Josh Brown (CEO) 00:33.630

stop here for traders is thirty five and a half you can see that that has been support historically so relatively small downside if you're an investor obviously i'd give it a little bit more room it's not a very volatile stock but it is challenging very key level here thirty six

Josh Brown (CEO) 00:50.550

thirty seven had multiple opportunities to try to get above has not happened yet but once it does i think this name rolls right into the low forties fedex is a little bit more of an interesting story this is a company going through a turn around reported earnings last week the

Josh Brown (CEO) 01:08.070

earnings were good and they got a bunch of price target bumps from wall street and you can see that the stock had been rallying going into those numbers so nobody was shocked but next year will be a better year on revenue on pricing power on margins on earnings per share than

Josh Brown (CEO) 01:26.510

this year was and i think three hundred to three fifteen give me like a little bit give me like a five year chart what you can see is that this has been an area of resistance that is now being challenged again i don't believe in triple tops so you see late twenty twenty into

Josh Brown (CEO) 01:43.990

twenty one three hundred was resistance rejected then again it happened in twenty twenty four here we are going into twenty twenty six third time 's a charm i think the stock will break out because it's not just technicals it's a fundamental turn around here and i still believe

Josh Brown (CEO) 02:01.390

that there's opportunity i would anticipate the breakout and i would start getting along right now OK

Scott Wapner (Host of "Halftime Report") 02:07.630

let's see what we think on the on the desk what do you think i like it i think

? (Contributor / Investment Professional) 02:10.310

there's a global logistics story that really is very quietly underneath the the market in a very strong bull market we have ownership of expeditors international that gets you seventy percent revenue exposure outside of the US i like the names that josh is mentioning here fedex

? (Contributor / Investment Professional) 02:30.270

and the rails i think you could even turn to a name like prologis ticker symbol PLD that's giving you the participation in what is right now a bull market for global logistics