- Trucking stocks are trading like a freight recession is already here. Investor sentiment seems disconnected from actual results and analysts' forecasts.
- The pandemic and global supply disruptions have hurt many companies, including transportation, placing an attractive buy opportunity on transportation stocks whose year-to-date drops exceed 10%.
- Despite risks associated with cyclical companies, some of the biggest names around the globe depend on transportation for distribution logistics.
- While there may be a slowdown in discretionary spending, consumer staples like food, beverages, and personal products must reach consumers. Trucking is the way to go.
- We’ll discuss why our stocks, which got slammed yesterday, should continue to thrive using quant metrics that showcase excellent profitability metrics, strong momentum, and positive earnings revisions from Wall Street analysts.
For further details see:
3 Top Transportation Stocks To Buy