Turner Novak
Value, long only, growth at reasonable price, contrarian

YRC Worldwide: Is This Fortune 500 Company On The Brink Of A Turnaround?


Year to date, the stock price of YRC Worldwide, Inc (NASDAQ:YRCW) is up 362%, from $6.75 to $31.22. It is common for investors, myself included, to shy away from investing in a company after such a dramatic price increase within such a short time period.

(click to enlarge) Source: Finviz.com

In many scenarios when a company has had such a drastic jump in price, some consider it a short opportunity simply because they believe a correction is likely to follow. I believe that is not the case with YRC. With the best yet to come, an investment in YRC will be favorable to long-term investors who have a 3-5 year investment horizon.

YRC is a Fortune 500...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details