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J.B. Hunt Transport Services a popular Trump pick

Nov. 16, 2016 8:56 AM ETJ.B. Hunt Transport Services, Inc. (JBHT) StockJBHTBy: Clark Schultz, SA News Editor
  • Loop Capital starts off coverage on J.B. Hunt Transport Services (NASDAQ:JBHT) with a Buy rating.
  • The trucking company is seen benefiting from a lower corporate tax rate under a Trump administration and GOP-led Congress. J.B.'s five-year effective tax rate of 38.2% is on the high end.
  • Investors are already ahead of Loop Capital, bidding up JBHT 14% since the election to a 52-week high of $92.17.

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