Transportation and Automotive Sector Ideas

[gfp927z]

>>> Old Dominion Freight Line, Inc. (NASDAQ:ODFL)


https://finance.yahoo.com/news/13-best-performing-p-500-170755396.html


Year Share Price Gains: 337%

Old Dominion Freight Line, Inc. (NASDAQ:ODFL), as the name suggests, is a freight and shipping company. This leaves it vulnerable to both high fuel prices and slow economic output, both of which are the predominant features of today's investment climate.

During Q2 2023, 25 out of the 910 hedge funds surveyed by Insider Monkey had bought and owned Old Dominion Freight Line, Inc. (NASDAQ:ODFL)'s shares. Cliff Asness' AQR Capital Management is the largest shareholder out of these, owning 162,745 shares that are worth $60 million.

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