Universal Truckload Services, Inc. (NASDAQ:UACL)
The Company is primarily a non-asset based provider of transportation services to shippers throughout the United States and in the Canadian provinces of Ontario and Quebec.
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Technical indicator suggest an up move
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Uacl has a strong cash position and a strong position in the freight market as a non asset based motor carrier. It is in a good position to gain as business rebounds
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I simply used the screener to identify 1-star companies with the highest 52-week gain. The 1-star rating should mean they are bad companies and the 52-week gain should mean they are overpriced. We’ll see how it works!
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A recessions a coming this summer and high oil prices are not going away since the falling dollar is to blame, and continued inflation is not going to bring the value of the dollar up any time soon. Burnanke was not helping this country by bailing out the crust of American society. Also, Bush's stimulus package didn't help the upward inflationary pressure that is killing this countries middle class. Sorry about my rant but anyway my point is to sell trucking since rail is about to take over from the high price of fuel.
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Trucks down the ROAD
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Recently fell out of favor and became a good value play, now rising on strong growth. Could double in the next year.
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