PACCAR PCAR reported its best-ever annual results on Tuesday, and although revenues and general industry trends are playing out as we expected, we are increasing our fair value estimate for the company to $70 per share from $61. There are four reasons for this increase. First, we are crediting ...
We think the market is too focused on near-term farm equipment headwinds and not enough on a cyclical European trucking upturn.
PACCAR perennially enhances shareholder value.
PACCAR continues its superior performance as we near the 2007 engine emissions law change.
PACCAR's brand strength is its most prominent competitive advantage.
Cautious optimism continues to pervade the industrials universe.
Waddell & Reed's Erik Becker and Gus Zinn are avoiding potential losers in the mobile space while stacking their core portfolios with firms likely to benefit from global smartphone adoption.
There is a small number of high-quality industrials-sector ETFs from which to choose.
Volatility in Asia, subprime woes take market for a ride.