Why LTL Stocks Were Surging This Week
Shares of less-than-truckload (LTL) carriers XPO (NYSE: XPO), Old Dominion Freight Line (NASDAQ: ODFL), and Saia (NASDAQ: SAIA) were all climbing the charts this week on signs that rival Yellow could go bankrupt, freeing up market share for competitors like those three pure-play LTL stocks.
Over the course of the week, XPO, Old Dominion, and Saia all benefited from positive analyst notes as well. As of Thursday's close, XPO was up 14.8% for the week, Old Dominion had gained 15.1%, and Saia had tacked on 10.9%, according to data from S&P Global Market Intelligence.
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Source Fool.com
Saia Inc. Aktie
388,00 €
-0,51 %
Die Saia Inc. Aktie hat nicht genug Einschätzungen für ein klares Sentiment.
Ein prognostiziertes Kursziel von 600 € für Saia Inc. zeigt ein Potenzial von über 50% im Vergleich zum aktuellen Kurs von 388.0 €.
