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These 3 industrial stocks just got upgraded ahead of earnings

Key Points

  • ODFL is well-positioned to benefit from de-globalization trends that are expected to give domestic businesses bigger roles in the supply chain.
  • CSX is trading at 18.5x trailing earnings (compared to 25.4x for the industrial sector as a whole) and also pays a dividend that has been increased for 19 straight years.
  • If the tide swings in favor of residential construction bulls and commercial building activity improves, TopBuild could be a top industrial stock this year.
  • Five stocks we like better than Old Dominion Freight Line.

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Should You Invest $1,000 in Old Dominion Freight Line Right Now?

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While Old Dominion Freight Line currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Old Dominion Freight Line (ODFL)
3.5462 of 5 stars
$153.28+2.4%0.73%27.97Hold$183.37
CSX (CSX)
4.59 of 5 stars
$28.07+0.1%1.85%15.68Moderate Buy$33.86
TopBuild (BLD)
4.4123 of 5 stars
$295.64-0.4%N/A14.92Moderate Buy$398.56
Norfolk Southern (NSC)
4.7289 of 5 stars
$224.25+0.4%2.41%19.40Moderate Buy$266.10
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