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Here's Why You Should Avoid Old Domain Freight Line (ODFL)
ODFLOld Dominion Freight Line(ODFL) ZACKS·2024-07-09 14:10

Bearish Industry Rank: The industry to which ODFL belongs currently has a Zacks Industry Rank of 210 (out of 250). Such an unfavorable rank places it in the bottom 16% of Zacks Industries.Studies show that 50% of a stock price movement is directly related to the performance of the industry group it belongs to. A mediocre stock within a strong group is likely to outclass a robust stock in a weak industry. Therefore, reckoning the industry's performance becomes imperative. The company has an encouraging track ...