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ODFL - Old Dominion Freight Line: I Expect Long-Term Outperformance
Old Dominion Freight Line Inc.
Old Dominion Freight Line is a very efficient LTL trucking company with the chance to continue rapid market share growth.
The company is accelerating free cash flow and set to deliver long-term outperforming capital gains.
Yet, the valuation is lofty, which means I'm looking for more downside before buying. Given the downtrend in economic expectations, we might get better prices soon.