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Strategies & Market Trends : Value Investing

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To: Iron Mick who wrote (72246)2/1/2023 11:00:16 AM
From: scbeachbum  Read Replies (1) of 78751
 
YELL reports next week. They seem to bottom in this 3 area. 2021 they were there and ripped up to 15 and then sold off back down to 3 and then they reported last July and went from 3 to 8 on earnings in a week. Lots of insider buying here too. Trucking rates seem to be firming if you follow FreightWaves, so I think the news for them and other trucking companies is positive going forward. Also all trucking companies seem to be saying the same thing, retailers overstocked so didn't order new merchandise as they worked down their inventories to more normal levels, so that meant less containers hitting ports and products moving, they see that reversing as they have to restock and resupply stuff, even with a slowing economy.
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