UBS (NYSE: UBS) freight transportation analyst Tom Wadewitz sees a favorable freight setup in the first half of 2021. His expectations for the year were laid out on a conference call with clients Thursday reviewing his outlook report published earlier in the day.
The call is for “a combination of rising growth in freight activity plus strong pricing to support strong EPS performance and upside for the transport group in 2021.” He believes the stocks with the most upside are FedEx (NYSE: FDX) and...
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