Thursday, March 23, 2017

Trucking Stocks for 2017

The trucking sector has been on fire since the start of 2016, and anyone buying a basket of stocks in the industry would have generated handsome returns. At top of the bunch lies truck and engine manufacturer Navistar International Corp., whose ongoing turnaround and alliance with Volkswagen  helped the stock soar 176% in the period.
In light of Navistar's recent earnings, let's look at the company's turnaround progression and what its earnings and outlook say about the trucking market in 2017.
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