ArcBest Corporation: A Reasonable Play With Early Signs Of A Recovery

Summary

  • ArcBest has had an interesting time in recent years, with recent performance taking a hit.
  • Shares look pricey relative to their peers, but they are attractive on an absolute basis.
  • Add in what looks to be a recovery taking place, and it could make for a reasonable prospect moving forward.
  • Looking for a helping hand in the market? Members of Crude Value Insights get exclusive ideas and guidance to navigate any climate. Learn More »

ABF Freight Systems trucks
Photo by Sundry Photography/iStock Editorial via Getty Images

The trucking industry, at least in North America, is a major piece of everyday life. The majority of all goods and services sold in this country, as well as much that is imported into this

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This article was written by

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Daniel is an avid and active professional investor.

He runs Crude Value Insights, a value-oriented newsletter aimed at analyzing the cash flows and assessing the value of companies in the oil and gas space. His primary focus is on finding businesses that are trading at a significant discount to their intrinsic value by employing a combination of Benjamin Graham's investment philosophy and a contrarian approach to the market and the securities therein. Learn more.

Analyst’s Disclosure:I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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