ODFL - This Boring Trucking Stock Turned $3000 Into $1 Million. Can It Still Make You Rich?
2023-12-05 05:09:00 ET
In the age of artificial intelligence, investors seem to be falling over themselves to find the next big thing in AI. However, not every AI stock is going to be the next Nvidia , and if history is any lesson, most will probably underperform the market. Just take a look back at the dot-com bust, or more recent hype cycles around 3D printing, cannabis stocks, or cryptocurrencies.
By its nature, investing works best if you find a stock that others have ignored, one whose price isn't being inflated because it's the flavor of the month. These under-the-radar stocks tend to offer the best value on the market, and many of them have long track records of delivering superior returns.
One such stock that you should probably know more about is Old Dominion Freight Line (NASDAQ: ODFL) . Old Dominion (OD) is by no means a household name, but the less-than-truckload (LTL) freight carrier has delivered life-changing returns for early investors. Check out the chart below.
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This Boring Trucking Stock Turned $3,000 Into $1 Million. Can It Still Make You Rich?