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Is XPO Logistics Stock a Buy?

TheMotleyFool

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Is XPO Logistics Stock a Buy?Photo, wide shot, wide-angle lens, Construction equipment, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Edward Burtynsky: https://img.midjourneyapi.xyz/temp/96af5505-e3c8-4496-bbb7-e4a5eba91e77.png

XPO Logistics (NYSE: XPO) was a top-performing stock during the last decade, but shareholders have been taken on a bumpy ride this year.

The company has changed course twice in 2020 as the COVID-19 pandemic wreaked havoc on operations and strategy. The pandemic also caused second-quarter earnings to turn negative. And XPO has had a harder time pulling itself out of the ditch than many of its rivals.

XPO shares are up barely 5% for the year as of Sept. 22, and have remained largely flat even as other transport names have rallied in recent months.

Source Fool.com

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