Ryder: Shift To Leasing Benefits Reflected In Shares (Downgrade)

Shares of Ryder System (NYSE: R ) have been a strong performer over the past year, gaining 25% despite an uncertain macro environment. The company’s multiyear strategic shift to long-term leasing and supply chain management has helped to insulate it from the macro sensitivityOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a que ...