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Is the Market Right to Be Fearful About the Trucking Sector?

Sep 16, 2018 at 01:59 PM CST
Wall Street can be frustrating sometimes, not least because of the seemingly endless debate about when a cyclical industry, such as trucking, is about to hit peak sales. In a sense, it's perfectly understandable -- no one likes buying into a cyclical stock that looks cheap just before its earnings fall and then suddenly its valuation starts to look high. It's equally unpalatable to sell out of a cyclical stock just as sentiment is about to turn.