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...
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