Shares in this transport sector have been hit hard, following the recent downgrading of the trucking sector by a Wachovia Capital Markets analyst.

But contrarian investors should be wary of such ‘expert’ opinion. Floyd Brown in Investment U says: “Trucking is an integral part of our national goods transportation network. And because it’s tied so closely to our economy, it will also be one of the first sectors to see a turnaround.“

Floyd says savvy investors should follow Warren Buffett into undervalued transport stocks now…

With the stock market in turmoil, it’s a good time to check in on what Warren Buffett is doing with his portfolio. Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A, BRK.B) has struggled in the first half of the year. Money Morning’s Jason Simpkins says $3.5 billion of Berkshire’s recent $4-billion shopping spree is still unaccounted for…