Ed Wolfe hosted a conference call to discuss takeaways from recent 4Q:09 earnings reports and our expectations for future trends. On this call, Ed updated our thesis on how to make money in the transports, long and short, including our updated ratings and top stock ideas; analyzed the recent report season to determine common themes and which reports have been or have not been accurately reflected in current stock prices; identified upcoming potential catalysts for the transports and how to position ahead of them during C10; reviewed pricing, volume, and cost trends out of 4Q:09 and through early February for our Rail, Trucking, Intermodal, and Airfreight & Logistics sub-sectors, including our recent quarterly State of the Freight shipper survey responses; and looked at current vs. historical valuations, and Consensus EPS expectations for 2010 in a gradual (non V-shaped) recovery with weak pricing likely through at least 1H:10. Use the form below to access a replay recording of this call.
This conference call is limited to active clients of Wolfe Trahan & Co. For information about becoming a client, please click here.