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Down 30%, This Growth Stock Could Be Set to Soar

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.