Sell These 2 Trucking Stocks Because a Recession Is Coming, Analyst Says

📆 7/7/2019 12:51 AM
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Sell these two trucking stocks because a recession is coming, analyst says

Transportation and logistics are the life blood of the economy, moving goods over the nation’s road, rails, and waterways in the economic equivalent of arteries.

That’s one reason investors pay close attention to the sector, believing it is a leading indicator for the economy. On Tuesday, Loop Capital Markets analyst Jeff Kauffman cut his ratings on four logistics companies because of weak demand for road and rail services.

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