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STOCKS TO WIN?
Most Americans are happy about the recent
fall in fuel prices, but few may be happier than executives at companies that
buy fuel in bulk to move goods and people around the globe.
Airlines, truckers and railroads all swallowed at least some of the last year's
rise in energy costs. But strong demand, especially for shipments of imported
goods, allowed ground transport companies to pass along a portion of their
higher fuel bills.
Likewise, airlines have been able to offset higher fuel costs with fare
increases this year thanks to booming demand for business travel.
One result is that transportation stocks have had a good year so far. The Dow
Jones Transportation Index ($TRAN) is up more than 11% on the year -– despite a
third-quarter hammering, when crude oil soared to $78.
A second result: With crude oil back below $60 a barrel, transport companies are
prominent on the StockScouter list of the 50 stocks best positioned to
appreciate in November.
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Transport names on the list include railroad operators Norfolk Southern (NSC,
news, msgs) and Kansas City Southern (KSU, news, msgs). Two overseas airlines
also made the list: Ryanair Holdings (RYAAY, news, msgs) and Air France-KLM (AKH,
news, msgs).
Also prominent on this month's list are property and casualty insurance
companies. The industry has benefited from a mild hurricane season, which has
led to reduced payments to customers. Additionally, the industry is seeing
robust sales of life insurance and annuities, products aimed in part at aging
baby boomers preparing to retire.
Property and casualty insurers identified by StockScouter include Harleysville
Group (HGIC, news, msgs), United Fire & Casualty (UFCS, news, msgs) and 21st
Century Holding (TCHC, news, msgs).
The 50-stock list is based on an analysis from independent research firm
Gradient Analytics that incorporates the StockScouter rating tool used by MSN
Money.
MSN Money and Gradient Analytics built the StockScouter tool to help individual
investors quickly analyze and assess a stock's potential for outperforming the
broad market.
StockScouter depends on advanced mathematics, software and an innovative mix of
measurements and historical testing to forecast the short- and long-term outlook
for all U.S. companies that have traded on the three major exchanges for at
least the past six months.
The analytical tools are used to score stocks on fundamental, valuation,
technical and ownership components. This score is combined with each company's
StockScouter rating to come up with the list at the bottom of this page. Only
stocks with a final closing price above $3 are eligible for the list.
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