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. Stock
€424.00
-2.360%
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Saia Inc. stock is not clear.
With a target price of 600 € there is a positive potential of 41.51% for Saia Inc. compared to the current price of 424.0 €.
