Quickest Growing Trucking Companies

So I'll just start off by saying I'm asking this because I'm looking into buying stock somewhere in something. If this thread doesn't belong here or something, I'm sorry and I don't intend to start a trend of out of left-field threads. I just thought this would be a good place to ask.

So who do you think are the quickest growing companies right now? I've heard XPO and Celadon. Prime seemed pretty popular last year too. Or if you already invested in a trucking company, please enlighten me because I don't really know what I'm doing.

How about Greyhound? With all the trouble around the airlines lately, they should be gaining business.

Prime is privately held, so you can't buy stock in it. Celadon appears to be in financial distress (see another thread here from today). XPO has grown very fast and was started by a Wall Street type from Connecticut who at least seems to know how to raise money and buy other companies.

I'm not sure I would invest in the trucking industry, personally. There are so many other industries that seem to have better returns, at least for the publicly traded companies.

Schneider just went public last month. Their stock hardly has any finger prints on it yet.

I'm not sure I would invest in the trucking industry, personally. There are so many other industries that seem to have better returns, at least for the publicly traded companies.

I would agree with this when it comes to long term buy-and-hold type of investing. I've been in the market since 2000 and I've followed it pretty much daily on CNBC all these years. Trucking is a very tough industry when it comes to finding solid, consistent growth and profits. It's more of a boom-or-bust type of industry with large fluctuations in profits, revenues, and therefore stock prices. So you have to be careful about that. If you were the type to jump in and out of different stocks to grab some gains on momentum (which I'm not), trucking would be a good industry to watch.

I haven't followed the trucking industry specifically a whole lot, but I have noticed that Werner is one of the most consistently profitable companies in the market. That's about the only insight I can give you into a specific company.

If your just looking for an investment look into Bitcoin. I've done very well over the last few years with it however it's not a set and forget. Right now it's at an all time high but soon I think you'll see a pull back and also a good time to get in.

Depending on how much you are able to invest or more aptly "play" with you could just buy low and sell high... Easy enough Right? Bitcoin regularly rises and falls 50 to 100 in a 24hr time span..

Also you can margin trade depending on the trading platform your on.

On some platforms you can also be the margin. Loaning bitcoin for the interest. For loan periods of 48hrs..

If you have any questions on it I'll try and answer them as best as I can.

From reading my last post above you would think I only day trade with Bitcoin but I've held and added to that pot for years. But I do like to do momentum trades also and have my own little system for that.

When I said it's not a set and forget type of thing I meant it you don't have to treat it like that... I like day trading with it. I've made lots of gains like that also I've done very well holding onto it over the years also.

I started by mining. And when that became unprofitable I moved to mining other coins and traded them back to Bitcoin. When that became unprofitable I just started buying and selling. Then I started holding lots of my profit from day trades in the form of Bitcoin in cold storage.

Anyone can trade Bitcoin. Even in a truck.

Anyone can trade Bitcoin. Even in a truck.

No offense intended, Cwc, but I'd definitely invest in trucking before risking money in the Btc market. Heck, I'd trade commodities on the Chicago exchange before I'd do that, I think.

Thanks guys, great advice. I will look into everything suggested here further.

Anyone can trade Bitcoin. Even in a truck.

No offense intended, Cwc, but I'd definitely invest in trucking before risking money in the Btc market. Heck, I'd trade commodities on the Chicago exchange before I'd do that, I think.

None taken but I have trouble finding stocks of nearly any sort that I can buy into in the 300s and sell @1200. Or more recently 600-900 and sold@1777.

Day trading it is where my money is generally made... larger portions are far and fewer between but looking at the above... I didn't do to bad in the longer rums either. Both examples were less than a year between buying and selling.. You'll be hard pressed to find that kind of action on most of the exchanges... don't forget to add in your trade or broker fees going that route either.

Also.. while the above looks really good "And is really good" if and when something happens in N. Korea. BTC will turn upside down. May stay that way for an hour or a year... but it will go back up again.