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ODFL News and Press, Old Dominion Freight Line Inc. From 09/07/20

Stock Information

Company Name: Old Dominion Freight Line Inc.
Stock Symbol: ODFL
Market: NASDAQ
Website: odfl.com

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ODFL - Why Shares in Old Dominion Freight Line Surged in August

Shares in less-than-truckload freight company Old Dominion Freight Line (NASDAQ: ODFL) rose 10.6% in August, according to data provided by  S&P Global Market Intelligence . The move comes as a consequence of some outstanding operational performance by the company. In addition, manag...

ODFL - The Sell-Off Accelerates: What To Do Now

The SPDR S&P 500 Trust ETF ( SPY ) is tumbling following a massive rally that's taken a few breathers since March isn't surprising. Our service's sentiment indicator has been flashing warning signs for weeks, prompting us to highlight the risk of a pending market drop here and here. ...

ODFL - Old Dominion Freight Line provides Q3 operating LTL data

In its August LTL operating metrics , Old Dominion Freight Line  (NASDAQ: ODFL ) reported an increase of 1.3% Y/Y in revenue/day led by a 2.4% rise in LTL tons/day that was partially offset by a dip in LTL revenue per hundredweight. More news on: Old Dominion Freight Line, Inc....

ODFL - Old Dominion Freight Line Provides Update for Third-Quarter 2020

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today reported certain less-than-truckload (“LTL”) operating metrics for August 2020. Revenue per day increased 1.3% as compared to August 2019 due to a 2.4% increase in LTL tons per day that was partially offset by a decrease in LT...

ODFL - Old Dominion Rockets Higher As The Downturn Eases

I should have known better than to think that valuation was going to be an impediment to further gains with Old Dominion ( ODFL ), as the shares of this best-in-class less-than-truckload carrier have shot up another 40% since my late April update . Not only has Old Dominion management repor...

ODFL - You Can Still Buy Industrial And Technology Stocks, But Risk Controls Are Key

Stocks have a tendency to rally further than anybody thinks, and animal spirits could continue rewarding being long, but rules governing risk control will be key when the music stops, so investors ought to be planning exit strategies now, while the going is good. If they don't, the risk of rea...

ODFL - 50 Best S&P 500 Stocks Since February Peak

It took just over six months to reach an all-time high again, but the S&P 500 ( SPY ) has now set new records for five straight trading sessions. Including dividends reinvested into the market, the S&P 500 is approaching a 10% total return on the year (+9.2%), an amazing result given t...

ODFL - Old Dominion: Great Execution Yet Moving To Neutral Following Significant Rally And Higher Valuation

Old Dominion ( ODFL ) is one of the best execution stories in the transportation sector. The company's relentless focus on improving the quality of its service has enabled it to gain market share through the cycles as well as charge a premium price. The company's on-time delivery has improv...

ODFL - The Best Stocks To Buy On A Sell-Off

Investors are shifting attention to industrial goods and selectively, basic materials baskets, but our overbought indicator continues to flash warning signals , suggesting stocks are overheated and due for a breather. If the market retreats, then proper positioning will be key, particularly...

ODFL - Why I'm Worrying Over A Market Drop

The stock market has a way of surprising and our overbought indicator suggests investors banking on uninterrupted gains could be disappointed. Weekly, we track how many of the 1,500 widely-traded stocks in our marketplace universe are trading 5% or higher above their 200-day moving average. ...

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