ODFL
Old Dominion Freight Line Inc
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Sharing the most undervalued (profitable) large company in the U.S. -- Yellow Corp.
Sharing the most undervalued (profitable) large company in the U.S. -- Yellow Corporation.
Sharing the most undervalued (profitable) large company in the U.S. - Yellow Corporation.
Sharing the most undervalued (profitable) large company in the U.S. -- Yellow Corporation.
Sharing the most undervalued (profitable) large company in the U.S. - Yellow Corporation.
The most undervalued (profitable) large U.S. public company, Yellow Corporation.
Sharing the most unknown, undervalued (profitable) large company in the U.S. - Yellow Corporation.
Introducing the most undervalued large U.S. publicly traded company, Yellow Corporation.
The most undervalued publicly traded large U.S. company, introducing Yellow Corporation:
Yellow Corporation, the most undervalued of all large U.S. publicly traded companies.
Morgan Stanley says bet on these stocks:
Morgan Stanley's "30 for 2025" list of quality stocks:
Safe places (stocks only) to park your money for the mid term?
I don't see any positives for this market anymore. I'm going 100% cash tomorrow.
Do you count cash when figuring stock percentages in your portfolio? How are my weightings?
Add hedges like BRK.B, BAC JPM or just add to mega cap on a big dip?
Added my first bank stock JPM today at $158. Should I add BLK or something?
Barrons Stocks to Own April 13, 2020 update
Am I wasting my time in trucking companies? $ODFL?
Are utilities good in our current situation? NEE?
What stocks have returned the most year over year for at least 20 years?
Opinions on Old Dominion Freight Line stock for the long term?
ODFL Old Dominion Freight Lines. 30% yoy return since 2000?
Digital payments provider Relay partners with Old Dominion
Digital payments provider Relay partners with Old Dominion
Mentions
Long term durable competitive advantages in boring industries that have led to consistent outperformance. If those companies are at fair valuations and they maintain their advantage you can do quite well. Also need to view a portfolio as a whole, look at correlations, and overall volatility. I don't care what a stock has done over the last year for example. It could be extremely volatile but if another stock has a low or negative correlation those two stocks could do well in a portfolio. AAON is a favorite of mine. They make commercial air conditioners etc. It's not tech, its not sexy, and even in a recession, companies in Texas need AC. Same goes for some shipping companies. ODFL is another great example.
There's always semi trucks. ODFL and XPO have been disappointing tho
If you're interested in trucking, I've been slowly buying HTLD. They're a smaller trucker, but really well run with high inside ownership. Trading below book value. There's some great write-ups out there on Substack or X. ODFL is probably the bigger and more popular name, but it also is much more expensive. Probably less torque to the upside, but if you want something less volatile and probably better long term, it's probably a way to go.
Hm yeah fair point. I was interested in it as a a bit of a complementary play since an increase in trucking/logistics would lead to more business for them? But might as well look at ODFL instead for a direct play.
Instead of hype names: ODFL. If you get autonomous driving there will be massive upside for trucking companies that slash their labor costs (fire drivers).
UPS and ODFL earnings seem to suggest the consumer might be close to tapped out. Will Powell cut?
That's kinda the point, but a company with a proven leader (Jacobs) in a growth area (warehouse automation) in an out of favor sector (logistics). Yeah, it's been a dog for 3-4 years, but so has the whole sector. Look at ODFL, one of the all time great companies to own....flat for 5 years. Trucking had a massive boom post covid, then saw rates tank as too many operators came into the sector. The cure for low prices is low prices. GXO isn't immune to macro, just like ODFL isn't. Buying when it looks ugly, but will turn around soon is a good way to generate alpha.
Long shorts here. Planning to unwind that between Fall and Feb. Just started long on ODFL since they seem low and MTG just bought some.
Just started a long position on ODFL here, feels good
I bought my very first option a couple days ago based on this. A put option on trucking expiring in a few weeks. ODFL (old dominion). I think I may have should selected a date a bit further out though. But I figured the trucking companies are about to have tons of trucks sitting not making money.
Thanks for the names! I'll check them out. If you're interested, here are some others mentioned in a different thread when I brought up MLR: [SAIA, JBHT, ODFL, MRTN](https://www.reddit.com/r/ValueInvesting/comments/1jsisr4/comment/mlqk92c/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). I haven't checked them out yet.
I'm short XPO and ODFL (19 Sep 25), I think they'll be some of the first to have to respond to the economic slowdown. Some headlines that trucking companies are laying off drivers should send them tumbling in my opinion. Hopefully they will be on the initial wavefront of any panic that sets in.
Check out what ODFL said during their earnings call about their normal / expected pickup in late March. It didn’t happen.
Odd lots did a show about it the other day. They pointed out that it takes about 40-45 days to reach the West Coast of the US from China, so any drop in shipping won't show up in US ports until at least mid May. So, probably not seeing any reduction at ports just yet. I saw someone posted an empty port of Seattle shot on Reddit this morning, but reading in depth more than port was supposed to close for maintenance and therefore is likely not connected to tariff shipping reductions. That said, ODFL had some comments about declining truck shipments on their call last week. I've seen some data indicating fewer ships are leaving China for the US in the last few weeks.
So guys, what happened to ODFL earnings? Why did it dropped so much?
ODFL reports earnings Wednesday morning, shipping companies are a leading indicator for the economy if it crashes we're fucked
I'm thinking about buying puts on ODFL (it's a shipping company) for their upcoming earnings release but I'm concerned that their ER won't affect their stock price much seeing as it doesn't reflect the latest tariff policy Should I go for it?
WERN and ODFL's financials tell the real story here. WERN's revenue dropped 9% last quarter with major declines in both their TTS and Logistics segments. ODFL's also down 7.3% YoY. But this isn't just a cyclical downturn. The whole industry's fundamentally shifting. WERN had to cut their fleet guidance from -3-6% to -6-8%. That's not temporary - they're actively shrinking capacity. The Mexico cross-border stuff is keeping some life in the sector. But domestic freight? Total bloodbath. When companies like ODFL with their 99% on-time rate and sub-0.1% claims ratio are struggling, you know it's bad. Everyone's focused on tech layoffs and bank failures. Meanwhile transportation - the actual backbone of the economy - is flashing serious warning signs. These companies aren't failing because of bad management. They're failing because there's literally no freight to move. The smart money saw this coming months ago. Now we're just watching it play out in slow motion.
ODFL Old dominion is reporting earning soon. think it will hit targets this month?
Trucking stocks like ODFL. They had already been down a lot before the tariffs. The max drawdown won’t be much more on many of these stocks.
A little contrarian and I’m willing to be patient on these - truckers: MRTN SAIA JBHT ODFL Everyone thinks European defense is the hot new thing. But HII has a much more room to move IMO. “Picks and shovels” is a theme that should continue to work: ENTG, URI, OKE, TMO, VMC
Transportation. Look into ODFL for example. We all need our shit and that won't change. We also need air conditioning fixed even in a recession so look into AAON. Oil isn't going to just disappear so look into TPL (which is a bit pricey right now) and home building will eventually bounce back in a year or two or 4, but eventually it will so look into TREX and BLDR. I've got about 25 others, half of which are tech related, and the portfolio has greatly outperformed over the years.
and.. that gave me what, 0.92% YTD on ODFL?
Well since you replied to my comment, I would say this: - I agree with you that having a founder run the company cannot be the sole reason for investing in a company. - having said that, I will also say that having a founder involved gives me assurance that the shareholder objectives are aligned. A great example is ODFL, Old Dominion Freight Line, the grandson of the founder it is still running it and what I like is that they take a long term view of the business, they don’t fire their drivers during a downturn, and it increases loyalty. Best of all, ODFL has been winning awards consistently.
Let's just say these are still rumours at this point. If you want to believe these rumours he also sold $ODFL. For sure what is public is that Chris said he is building a new position in a VMS company (see twitter).
But the data is showing a strong consumer. Listen to the calls for GOOG AMZN V MA ODFL SHOP & BROS to name a few. Yeah the market COULD dip for “no” reason (See Aug 5), but this market is a freight train
no..... Have a concentrated portfolio with 10-15 stocks in it pick monopolies/dominant industry leaders and good growth companies HODL ...?... Profit Like, you had 10 years to pick stuff like AAPL, MSFT, Visa, Mastercard, SPGI, MCO, UNH, INTU, MSCI, ODFL, NVDA and so many others
ODFL is a LTL carrier, I don't feel they would be much impacted from the strikes at the port. They don't have a large ocean forwarding department and do that much container business. Kinda like the rail strikes a while back. The only LTL carriers that were effected were the ones relied heavy in the rail, which isn't many of them. Yes most use the rail for freight that's not that time sensitive.
Walmart, Costco, ODFL trucking, LIFE HOLDS
FedEx isn’t an indicator - USPS is better for retail shipping because it’s cheaper. Amazon is eating their lunch. You want an indicator? Look at Amazon sales and shipping numbers from ODFL and logistics chain management with GXO
You just said tech will continue to lead the market but there will be a time when it doesn't. And you think you know when that will be or are you just assuming the trend of the last 5-10 years will continue simply because of past results? There is definitely not enough "resources" to know when tech is "trading into weakness". Don't take this the wrong way, but you sound like you have no clue what you are talking about. If anything people are discourage by tech stocks because historically they look over valued. I don't think the 1999 induced fear is much of a factor for anyone either. It is a good reminder to avoid herd mentality though. Personally, I like boring stocks like TPL, FICO, ODFL, MELI, AAON etc.
Ive seen it with BLDR, SAIA, ODFL, PACR, and a couple others. They get pushed up and up and then something breaks and they go down hard.
I know Heico is quality business, but it's PE ratio is so high, and is always high, yet its ROIC is always low. Also, the never seem to buy back shares, in fact it's the opposite (shareholder dilution). Then, I look at other quality businesses like ODFL and CPRT which seem to be better businesses and they are trading at half the PE ratio of HEI. I just don't get it. Does anyone get this?
dividends are pointless. Companies make better returns to shareholders via stock buybacks and reinvestments into their business Buy monopolistic stocks with solids dividends and good growth, if you seriously care about it MCO/SPGI Visa/Mastercard MSCI ODFL WM/RSG MSFT AAPL Google META
didn't work the way i wanted... stocks from screen.. done consistently well last 5 years. no tech. no LLY. S&P 500 (i think).. and i took out residential construction names from my earlier abortive attempt here are the symbols from the screen, AXON URI (see alot and for long time now) PWR (see alot) ODFL WSO PH IRM BLDR stocks that didn't make this screen but i see them all the time, Grainger Cintas Tractor Supply Progressive Paccar Vertiv (is technically an industrial but AI play) Trane
God bless the teamsters leader for speaking at the RNC lol, $ODFL is up big today
A few I own that maybe aren’t top 20 but I think will beat the market: - HD - CROX - ODFL - RKLB (maybe could call this tech adjacent with a lot of what they’re doing) - TREX That’s kinda all I got, I own each one and they’re all decent winners for me (RKLB less so but still green). Id (literally) put money on them being top performers in the long term.
Might finally be a boost for transports that haven't done well this year (ODFL, etc.)
Hmm too many to list but, GOOG, BKNG, META, AMZN, ODFL, MNST, AVGO are a few I think will do good. If I had to invest in only 1 then AMZN It seems to take over just about anything it tries to compete at.
ODFL trying to power out of a -25% dip
Thanks for the comment. I totally get your point, but I’m 21, so I’m good with more risk at the moment. As my risk profile changes, I’ll allocate money differently. I also keep my ear to the ground so I like to think if there was a massive crash/recession I’d get out before losses mounted too high. Plus, indices would crash at that point too. I have ~25 individual stocks in different sectors. I keep an eye out to buy into new ones when they’re discounted. Got ODFL and SAIA not long ago.
> I’m just looking for large cap companies in a long term up trend with healthy fundamentals. I don't disagree with this at all. I also look at 5 year charts and look for companies where I think there's been an uptrend but where I think the fundamentals are present for that uptrend to continue. "What has done well and can continue to do well?" And for me that's looking at the businesses themselves, researching and trying to determine if fundamentals can continue to be sustained/if something has gotten ahead of itself. Personally, I think lately a lot of what I've looked at that has done well increasingly goes in the "ahead of itself" bucket. On the flipside, I do have an issue with the view that I often see that everything down a lot is worthwhile and should bounce I definitely don't agree with either. A lot of things that are down a lot have headwinds that aren't going away any time soon/are cheap for a reason/are value traps. A fraction of what hasn't done well this year is worthwhile and there are some quality companies well off highs. I think MPC is an example of that. Trucking is going through a rough time - ODFL well off highs - not cheap but rarely has been. ULTA is a volatile name any time there's worries about demand/consumer but I think - especially with Target calling out beauty as a rare bright spot right now and ELF up about 25% after earnings - concerns became overdone. WSC is a smaller name that imo is a high quality business/great management/dominant market share where the selling is overdone. I don't find all that much compelling right now, but am looking at some things well off highs. The things that are doing well have done so well that I am either not interesting in owning more things associated with that theme or considering trimming.
ODFL am least excited about, last earning's report 4% earning's growth YoY when was supposed to be 20% so idk how they're going to muster up big numbers by end of 2024. Forgot to add beverages: COCO I like Vita-Coco, smashing earning's every year. Sold out just recently do play Nvidia's run up to earning's, not playing earning's and will sell my shares right before reporting, expecting a run up like SMCI and PLTR did but f playing earning's.
Any opinions on Industrial and BM stocks? would have been great buys in 2020 and before, they’re all way up, but if we hit an economic downturn,. they’re the ones that could also get really wacked. BLDR, NUE, CLF, JBHT, SAIA, ODFL and a couple others started downtrends. Anyone else eyeing these stocks or similar to buy or even short?
AMZN and other megas don’t give a shit about rates. Utilities. MPWR, APH, etc. Boring shit like WM, AZO, ODFL (it’ll come back), UNP Find longs it’s easier than shorting. You can short SOFI if it pops, too much de SPAC taint.
What we’re the ODFL calls? It got destroyed last week.
Hey chartists, where’s ODFL going from here within the next few weeks?
over under on ODFL breaking down thru resistance?
SAIA and ODFL on sale scoop it up while you can if you're trying to diversify into transportation sector
SAIA today was basically the transportation = to Meta's quarter the other day and the entire sector is down. ODFL earnings weren't great the other day and JBHT was also negative. Trucking is going to be great long-term and for those who have a longer-term view, not a bad time to buy when it's down fairly heavily fairly quickly. It's about to the point of being technically oversold - does it go lower? Maybe I don't know but not a bad time to at least start a position for those interested.
Do you think ODFL has more room to fall?
Haha I screenshotted your post describing your predictions on Old Dominion, CARR, and SAIA. I saw ODFL went down so I went in on carr and got burned. Id play saia as well if it wasn't so expensive
Paperhanded my ODFL puts too early 
Take a look at the returns on portfolio visualizer or ODFL ORLY ASML and see how many years those stocks have and are still beating the market. I've been in those for 8 years now.
Believe what you want. I've outperformed for 8 years simply buying ASML MSFT AAPL NVDA ORLY ODFL RSG etc. Take a look at the past 5 years performance of those stocks compared to VTI.
Well for example. I sold ARM at $130 and now I'm looking to buy it back at $70 or so next week. Double my profit! That's only one example. All tech is falling quite a bit so far , but STILL WAY overvalued. Tech is the ENEMY of the markets now and will drop some more over the next few weeks. I'm waiting to come in lower on NVDA MSFT ASML ARM ORLY ODFL etc! But you need to be patient.
My speculative position is RKLB, imo it’ll either not exist in 5-10 years or be a 10+ bagger. But then I have SPOT, AXON, ODFL, HD (not exactly growth but I bet it does better than average)
Old Dominion Freight ODFL has done very well for me
CMI, HSY, MA, ODFL, SHW, TSCO, and ZTS I own more stocks but that list seems to be consistent and well run year over year.
IMO, does something address a considerable problem, make a considerable improvement on a common task? Is it well-managed, have a strong moat? Does it capitalize on a relevant theme in way that is compelling/can be sustained? Does it have a considerable growth runway/large total addressable market? Broadly, I think people should have a strong core portfolio of businesses that have demonstrated track record of success - that doesn't have to mean something boring and conservative but can mean businesses like CPRT or ODFL (both not cheap at this point and not recommending them at the moment but using them as examples.) Depending on one's age, risk tolerance, etc you can also have positions in more aggressive/speculative growth names but people have to be cautious of going "all in" and getting caught up in hype - 2020/21 saw every "disruptive" growth story go to the moon, now you have things like BYND that are $6 and were $230 at the top - and never should have been anywhere near $230. Don't look at where something has been - too many people see things that are $X (some high number) and now are $Y (some very low number) and the first question is "what if it gets back to $X rather than "how did it decline so much to $Y?" and "should it have gotten to $X in the first place?" Look at the company from the perspective of going forward. Is it a good investment today, yes/no. Dividends are fine enough but they should absolutely not be the priority in the decision making process. Too many people yield chase into mediocre/stagnant companies. If someone's in tech and doing well in the last year, great but we're not that far removed from growth cratering post 2020/21 - trim a little. Doesn't mean dump it all, but lighten up into what has been ridiculous strength and people going very "all in" (https://finance.yahoo.com/news/bofa-survey-shows-investors-us-090038208.html, BofA Survey Shows Investors Are All In on US Tech Stock Rally) I think having a very strong filter is a must. As creemeeseason noted, "everything seems interesting at first." Too many people get caught up into stories that are ultimately less than advertised (see BYND above.)
The earnings and FCF multiples are pretty low for a company growing at that pace. The closest US equivalent I can find is ODFL, currently trading at 38x earnings and 83x FCF. They have similar growth trajectories, though TFII does use more debt for acquisition.
ODFL Old Dominion earnings: reports Q4 EPS $2.94, consensus $2.85 Reports Q4 revenue $1.5B, consensus $1.49. "The Company's operating ratio increased 60 basis points to 71.8% for the fourth quarter of 2023. We managed our discretionary spending during the quarter and continued to operate efficiently, although our direct operating costs and overhead costs both increased as a percent of revenue. Within our direct costs, insurance and claims expense as a percent of revenue increased 140 basis points due primarily to changes in the annual adjustment we record in our fourth quarter each year that are related to a third-party actuarial review of our accident claims. The increase in our overhead costs is primarily attributable to the increases in our depreciation and our general supplies and expenses as a percent of revenue. These increases were partially offset by a 90-basis point improvement in our miscellaneous expenses as a percent of revenue, which included $15.1 million of gains..."
My friend - sorry but start fresh! Buy MSFT, ORLY,AAPL, WM,HUM,XOM,LULU,ODFL,GOOG,PGR dollar cost average the next few months and keep adding to those positions - get rid of the garbage you currently hold
ODFL is in there too. PEP has a long term downtrend of fcf and only 5% revenue growth / year, HSY is pretty good but still less than 5% revenue growth / year. MCD isn’t even growing their revenue anymore, SBUX is pretty good but it seemed too niche to make the list as big as it is, maybe I should reconsider that one
**NVDA and MSFT are the top two because of AI.** INTC may be a third due to AMD weakness. COST wouldn't be on my list and ODFL wouldn't be either because weakness in the transport sector. I'd avoid real estate and finance (fintech) sectors entirely. Oil & gas? Long term plays to evaluate spring of next year (transport sector using diesel, jet-a for the airliners, heavy bunker oil for shipping, etc.)
ODFL is a good one too just saw that
Roper technologies is one I watch, as mentioned below. ODFL, CPRT, HEI, are good, but not cheap. BRO is a great roll up of insurance brokers that's reasonable. I own HWKN too. They're not as proven so it's cheaper. They're buying water treatment chemical companies. POOL is another. TSCO and SBUX have implemented things well, but are pretty large now. IESC and is solid. MEDP is another I own that is great at allocating capital. Really look for companies with high ROIC and look how they're generating those returns.
I’d probably go HD and AXON. Then there’s MSFT and ODFL. Then SBUX and SPOT. Then probably AMD and ABNB or MTCH. Option 1: HD is a solid company that already has its hold, pays a great dividend, and I don’t see it going anywhere. Nice and steady growth. Axon makes tasers and software/cloud for them. It’s more of a long term growth play for me. I see their high growth rate continuing, possibly with ups and downs, but ultimately police around the world will be pushed toward tasers and body cams more. Note that they recently released a new taser that has “stopping power” that can potentially be safer for police. Option 2: MSFT is a solid company, known revenue streams and a lot of potential as technology continues to grow. Also offers a small dividend and has buybacks. ODFL is a shipping company that has good margins and is extremely efficient. More consumption means more demand. Has a good dividend. Option 3: SBUX has known Revenue streams, good dividend, and coffee is a legal drug. White chicks won’t give up Starbucks. They’re having a tough time in China atm but they’re on the right track. SPOT has the majority of music streaming market, I believe they have pricing power as well. They haven’t taken advantage of that, but I think they could raise prices 20-40% and not lose a significant amount of subscribers. Also they’re slowly getting into podcasts and audiobooks, it’s been slow but again on the right track. Option 4: AMD well it’s AMD, they have great leadership, good market share, and a good product. Technology is going to keep creating more and more demand. ABNB has its niche, hotels are great but so are airbnbs. I see the potential here but I know lots won’t. Could swap it with MTCH, which dominates online dating. I’m on the younger side, but the kids younger than me seriously lack social skills. Covid did a real number on a whole generation. I think online dating is going to be the main way future generations meet people. They’re introducing a $500 membership and i know people will pay that much (you see the guy dropping $100k/month on onlyfans). Also check our many Asian countries and South America having pop growth issues, online dating will likely do well in those areas. Incase you didn’t notice the pattern I think it is best to pick one really solid company that will match or maybe beat the market but you don’t have to worry much. Then pick a company that has huge potential but is riskier. Another thing I did was pick very different industries. Sorry for the long post.
I got even on a few that had been weighing on me, and hit the sell button during the pop. So long ODFL! And Crox. Never meant to hang on to it. I made some money and exited.
So, genuine question: what are you looking for? If you are worried about inflation then it becomes real assets and things that have traditionally maintained pricing power over time. Mega cap tech - which you mention in the original post - has done well but it is a crowded trade to say the least. IMO, tech should certainly be an element of a portfolio but there is a point with everyone and their cousin owning mega cap tech that people should make some moves towards understanding small/mid cap names and looking for at least one or two of what they strongly think are the next big things. There's a lot of fantastic businesses out there that have delivered for shareholders year in/year out over time - ODFL, CPRT - but they aren't cheap either. MCK - McKesson is one of the three large drug distribution cos and ships about a third of the drugs used every day in the US. Not cheap but an example of a large moat and some inflation protection over time: "Some of our distribution arrangements with manufacturers provide us consideration based on a percentage of our purchases. In addition, we have certain distribution arrangements with pharmaceutical manufacturers that include an inflation-based consideration component whereby we benefit when the manufacturers increase their prices as we sell our existing inventory at the new higher prices." IDXX and LVMUY are other examples; the latter is *somewhat* more reasonable after pulling back due to concerns over China and normalization of luxury spending after the last couple years. If you look at CPG names that are down a lot - MKC is a name that has done exceptionally well over time but not in recent years. They do at least have a moat with around 20% share of spices and with higher food costs, people can dress up meals with some reasonable spice mixes. I'm not a fan of piling into a lot of things that haven't worked within the last 5 years but that's an example of something that has been around for over 100 years and will work through things. EL is another. So, portion of the portfolio in aggressive growth (although I really would say not just mega cap tech and not just tech; some smaller/mid tech names and growth in other industries), portion of the portfolio iin high quality medium growth (although a lot of that is not cheap and consider waiting for a pullback) and maybe some selected slow growth/value and one or two high quality names that haven't worked and where there might be a turnaround.
You could buy some stocks in other sectors like COST, DHR, AXON, ODFL....
Markets up 60% last 5 years... ODFL is up 365% last 5 years.... ... but oh yeah, I'll repeat the tired old cookie cutter mantra "past performance isn't indicative of future performance.... lol
Forgot to include ODFL. I've held this stock for a few years now and pummeled vti! Since 1993 till now here's the market vs odfl! Market $10k to $160k ODFL Old Dominion Frieght Lines $10k to $2,000,000!!!
I forgot to.include one of my favorites ...ODFL!
There’s some regional but fairly large private LTL’s that do great work as well. But ODFL is definitely hard to beat.
I work for a giant 3PL and the only LTL carrier worth a damn is ODFL. Use them for basically 98% of our LTL business that cant be routed on a multi stop TL
And yet... ODFL up all this week
ODFL has actually beat MSFT AAPL going back to 2000, 2013 etc. $10k in following: 2013 to 2023 ODFL $169000 AAPL $104,000 MSFT $104000 ,,,,,,,,,,, 2000 to 2023 ODFL $4,096,000 AAPL $2,191,000 MSFT $96,000
One of my best performing stocks is ODFL for anyone interested. Also ORLY autoparts. Also they reported great earnings and forward guidance the other day.
ODFL - Old Dominion 3Q EPS Beats Estimates: ∙ EPS $3.09 vs. $3.36 y/y, est $2.92 ∙ Revenue $1.52b, -5.5% y/y, est $1.52b ∙ Operating income $445.0m, est $427.9m ∙ Operating ratio 70.6% vs. 69.1% y/y, est 71.8%
My two biggest gainers this year:LLY ODFL
Since everyone feels like doom posting today (I'm down 2% as of now)..... There's some really durable businesses holding up well in this selloff. CPRT and ROP near ATH. AJC, MA, ODFL among some other big names doing well. There's always a bull market somewhere.
ODFL—great leader in logistics, they own their transfer terminals which is rare for the industry. Appropriate capital structure
I got NVDA'd with the stock last year. Bought at $270 sold at $315. To buy back lowe and the lowest it ever got after I sold was like $300. So I missed the boat. It didn't help that their competitor went bankrupt. ODFL is the one that knocks and made an offer for their assets.
ODFL is one of those names to keep on my watchlist, but can never justify buying. The. It keeps going up. Sometimes you just need to decide the market gives some names a high multiple and stop overthinking it.
Yea industrials got hit today such as the homebuilders, railroads, and trucking stocks. ODFL is on my watchlist but it has a whole lot more to fall before I buy.
I want to point out what OP left out. Shipping is about to have a massive slow down, and here is why. The allure of Yellow was that they were one of the cheapest haulers on the market, and small businesses needed that. Now that they are gone, small business have to use another carrier who may not be as cheap. So, now, these businesses are paying $200-$300 more for shipping per load, cutting a huge chunk into revenue. I drive for ODFL. We are not budging on our prices. Honestly, we have a solid portfolio that services some of the biggest companies in Murika. So, if smaller companies want to ship with a good quality company they have to pay our prices. Do you see the domino effect, though? Losing Yellow is going to impact the economy in a big way.
Absolutely, the big players like ODFL, UPS, and FedEx have a sturdy financial standing. They're not on the verge of collapse. It's the smaller ones feeling the heat.
As someone who has worked in one of the biggest logistic companies around I can say the big 3 of ODFL UPS and FEDEX in the Us are financially fine and not anywhere near collapsing
I think there are entire sectors that rarely get brought up here as well like the transports. ODFL has performed so well this year and I barely hear it mentioned.
All you morons randomly buying calls or puts for no reason will always lose money. Look for algo glitches if you wanna make easy money. Take $XPO or $ODFL today. Algos sold them both off at the same time for no reason that had anything to do with the companies. Recovered just as fast. Easy 70% gain
Yellow has struggled since 2000. It's one of those zombie companies that was kept alive with 0% interest rates for the last 20 plus years. $ODFL & $KNX are best of the best in trucking carriers. Trucking freight is showing signs that it may have put in a bottom. A bit too early to tell.