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CNW and ODFL both look to be extremely attractive at these level. Is anyone considering picking these up for either a short or long term hold?
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Lucavia, ODFL seems to be the better of the two. They both show good earnings and sales growth but the industry, Trucking, has been heading south lately. For some reason the timing is bad. There are over 100 industries doing better than trucking right now. Five weeks ago Trucking ranked 4th among all industries then fell off the charts after January 5th. I owned a couple of them and lost. Just checked, I sold ODFL Feb. 4th for a 12% loss.
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I have always loved ODFL as the long term chart is incredible.
I added to my position on 2/4 at $70.65Comment
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