Don Lato
Paccar Inc
PCAR-Q
PAST TOP PICK
Jan 17, 2013
(Top Pick Feb 2/12, Up 10.66%)Has underperformed. Earnings disappointment. They have some European exposure. Peterbuilt. Looking for earnings growth this year and is happy to own it. History of dividend increases.
Was rallying even against a very difficult market. Earnings have been very strong. 50% of truck sales are outside of US, so weaker US dollar means trucks are very competitively priced.
Manufactures large trucks. The trucking industry is doing very well. This one had a great growth spurt over the last couple of years and their revenue growth has levelled off. If the trucking industry continues to do well, you will see some upgrades to the earnings estimates. Right now, the stock is not performing that well.
They just reported. Revenues and profits beat. Demand was strong for this trucking company. CEO forecast positively for this year based on good demand.
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(Top Pick Feb 2/12, Up 10.66%) Has underperformed. Earnings disappointment. They have some European exposure. Peterbuilt. Looking for earnings growth this year and is happy to own it. History of dividend increases.