2023-05-24 21:32:09 ET
Summary
- Landstar System, a large American transportation company, offers an attractive long-term risk/reward opportunity for dividend growth portfolios, with a track record of consistent dividend growth.
- Despite facing headwinds due to slower economic growth, LSTR remains a solid performer, outperforming the market by over 600 basis points per year with relatively low volatility.
- The stock price has not fully priced in this weakness and LSTR becomes an intriguing investment opportunity if it drops below $140, making it worth considering for investors seeking a cyclical stock with strong dividend growth potential.
For further details see:
Landstar System: Seizing Dividend Potential On Weakness