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Relatively Good Performance Detected in Shares of Hunt (Jb) Trans in the Trucking Industry (JBHT , ODFL , KNX , HTZ , CAR )

By James Quinn

We looked at the Trucking industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Hunt (Jb) Trans (NASDAQ:JBHT ) ranks first with a gain of 1.84%; Old Dominion Frt (NASDAQ:ODFL ) ranks second with a gain of 1.27%; and Knight Transport (NYSE:KNX ) ranks third with a gain of 1.25%.

Hertz Global Hol (NYSE:HTZ ) follows with a gain of 0.74% and Avis Budget Grou (NASDAQ:CAR ) rounds out the top five with a gain of 0.14%.

SmarTrend recommended that subscribers consider buying shares of Avis Budget Grou on October 23rd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $30.35. Since that recommendation, shares of Avis Budget Grou have risen 13.7%. We continue to monitor Avis Budget Grou for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance hunt (jb) trans old dominion frt knight transport hertz global hol avis budget grou

Ticker(s): JBHT ODFL KNX HTZ CAR