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Stock impact report

Is Landstar System, Inc. (LSTR) the Best Freight Stock to Buy According to Hedge Funds? [Yahoo! Finance]

Landstar System, Inc. (LSTR) 
Last landstar system, inc. earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.landstar.com/investor-relations
Company Research Source: Yahoo! Finance
Landstar System, Inc. (NASDAQ:LSTR) stands against other best freight stocks to buy according to hedge funds. Freight stocks are often perceived as boring if compared to the flashy technology and AI stocks, but they are actually the blood of the global economy – the freight sector is the backbone of trade and the gross domestic product of every country. In essence, any good produced and sold was almost certain to have been involved in transportation, often several times at different stages of the supply chain. This means that freight companies are able to capture a small share of the giant gross domestic product, which makes the overall sector a huge size. The key growth drivers of freight activity are trade volumes, fuel prices (cheap fuel is a huge profitability boost), public spending on large projects like infrastructure, and the level of manufacturing activity. Consequently, freight stocks thrive during periods of strong economic growth, supported by affordable energy prices Show less Read more
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