Down 30%, This Growth Stock Could Be Set to Soar
In tough economic times, transportation companies tend to get hit hard. In addition, trucking company Yellow just reported a 19% decline in tonnage per workday in its third-quarter earnings report, showing declining demand. It just became a pure-play less-than-truckload (LTL) operator following its spinoff of RXO, its former truck brokerage division, and the company's third-quarter earnings report shows why the new XPO could be a great opportunity for investors right now.