Today's five, straight off the screen: a trailer maker, a fabric maker, an equipment renter and two shipping companies.
Wabash builds the trailers big rigs pull, and trucking fleets that put off buying for years are now turning that delay into firm orders. Friday's jump won back almost all of its September pullback, and we'll watch to see if that rebound holds.
See the Pullback →Culp makes fabrics for mattresses and upholstered furniture, and its latest quarter swung from a loss to a profit on stronger bedding sales. Friday's close was its best since last December, and the question now is whether the climb continues.
See the Trend →United Rentals rents out construction and industrial equipment, and demand from giant building projects led it to raise its outlook for the year. Friday's bar broke out of weeks of sideways trading, and the jury's still out on the breakout.
See the Breakout →Global Ship Lease rents container ships to major shipping lines, and its fleet is fully booked for this year and nearly all of next. It has spent weeks in a tight range just under its September high, with TradingView's technical gauge alongside.
Check the Gauge →Genco owns ships that haul iron ore and grain, and rates for its largest vessels just had their strongest month in years. It has won back most of its late-September pullback, and the question now is whether that recovery holds.
See the Pullback →A screened name is a higher probability, not a sure thing.
This newsletter is for informational purposes only and does not constitute financial advice. TradersPro and its contributors are not registered investment advisors. Always conduct your own due diligence before making investment decisions. Past performance is not indicative of future results.
