From Nasdaq:

Kirby Corporation (KEX) has performed well over the past year and shows potential growth in the future. Share prices have increased by 22% over the past year, and the company holds a Zacks Rank #2 (Buy). Estimates for 2024 earnings have also increased by 5.1%. Furthermore, earnings are expected to grow by 51.47% in the first quarter of 2024.

Kirby Corporation’s improved guidance for 2023 and its strong segmental performance make it a compelling investment. The company anticipates net cash generation to increase, and its segments are showing strong growth. In addition to KEX, other top-ranked Transportation stocks from the Zacks Sector include Wabtec Corporation (WAB) and GATX Corporation (GATX) – both with Zacks Rank #2 (Buy) and positive earnings outlook for 2024.

Wabtec Corporation (WAB) has seen a 22.1% increase in share prices over the past year, with an expected earnings growth rate of 22.43%. Meanwhile, GATX has had a 6.6% gain in share prices over the past year, boasting an expected earnings growth rate of 14.33%. These stocks, along with KEX, present promising investment opportunities.

For more information and to see the full article, visit Zacks.com.



Read more: Here’s Why You Should Invest in Kirby (KEX) Stock Right Now