This Supercharged Transportation Stock Has Doubled in the Past Year, and It's Set to Keep Soaring in 2025

Trucking stocks don't get a lot of attention these days, but savvy investors know that there's opportunity in every sector.XPO (NYSE: XPO) represents a great example of that principle. During a time when much of the freight transportation sector has been mired in a recession, XPO has delivered phenomenal growth for investors thanks to investments and improvements in the business. In fact, the stock has doubled in the last year, and the company has consistently topped expectations. That performance was on display again in the third quarter, as the stock jumped 11.4% on Wednesday. Revenue in the quarter rose 3.7% to $2.05 billion, which topped estimates at $2.02 billion. But what really stood out about the quarter was what the company was able to do in spite of declining volume. Tonnage per day was down 3.9%, though that was in line with a broader slowdown in the industry.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool