Old Dominion Freight Line Inc

NASDAQ: ODFL
$219.79
+$4.75 (+2.2%)
Closing price April 11, 2024
Old Dominion Freight Line Inc is a premier transportation company based in Thomasville, North Carolina, specializing in less-than-truckload shipments across the United States and North America. With a rich history dating back to 1934, it offers a range of services including regional, inter-regional, and national deliveries, expedited transportation, and value-added services like container drayage, truckload brokerage, and supply chain consulting. The company boasts a large fleet of vehicles and trailers, alongside numerous service centers and maintenance facilities, ensuring reliable and efficient freight solutions.
Wednesday's top analyst upgrades and downgrades included AMC, American Express, Apache, Apple, Beyond Meat, BP, Charles Schwab, CSX, General Motors, Pinterest, Walt Disney and Wingstop.
Thursday's top analyst upgrades, downgrades and initiations included Alphabet, At Home, Chewy, Etsy, Facebook, Nike, RH, Slack, Square, Verint, Visa and Wayfair.
Friday's top analyst upgrades, downgrades and initiations included Box, iRobot, Kimberly-Clark, Match, Oracle, Pinterest, Seattle Genetics andTexas Instruments.
So what happens when the trucking freight carriers see a sectorwide downgrade with warnings of negative industry trends on the same day that the stock market hit all-time highs again?
The top analyst upgrades, downgrades and initiations seen on Monday included AT&T, Chipotle Mexican Grill, eBay, Intel, Nucor, Occidental Petroleum, Schlumberger, Snap and United Rentals.
The top analyst upgrades, downgrades and other research calls from Wednesday include Celgene, Cypress Semiconductor, Intuit, KemPharm, Oasis Petroleum, Rio Tinto and Shake Shack.
The top analyst calls for Thursday, January 7, 2016, include Newmont Mining, Noble Energy, Paychex, Pioneer Natural Resources, Southwest Airlines and Wells Fargo.
Monday's top analyst upgrades, downgrades and initiations include Avago Technologies, BlackBerry, Ciena, First Solar, Nabors Industries, Rackspace, SunPower, Tiffany and Yelp.
Source: ThinkstockSince reporting Q1 earnings last month, less-than-truckload weight (LTL) trucker Old Dominion Freight Line (NASDAQ: ODFL) shares have stomped the gas, and rushed ahead 12% already....
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