SwingTrade Member Forum

[MikeDDKing]

AUTO is one of my favorites and I think will likely double or more in the next year. They are a non-asset based transportation services company. Here are some reasons I like AUTO:

1. AUTO has 5 consecutive quarters of year-over-year earnings growth and 6 consecutive quarters of year-over-year revenue growth. That is a trend I expect to continue.

2. In the PR for the Q1 earnings report they bullishly stated: "We are poised to continue to capitalize on the improved business environment and will continue to expand our agent network and to seek out strategic growth opportunities."

3. They have trailing twelve month earnings of $0.095 so they are trading with a trailing PE of only 6.

4. They have a nice balance sheet with book value of $0.65/share.

5. FedEx (ticker FDX) recently had a nice quarter and a bullish outlook. Also, I have a friend that is a manager in the trucking business and he has been very, very busy.