Reported 12 months ago
Old Dominion Freight Line's stock has increased over 13,000% since 2003 due to splits, with the latest being 2-for-1 in March 2024. Although stock splits don't alter fundamentals, Old Dominion is undervalued compared to competitors like Saia, Inc. With lower price-to-earnings and free cash flow per share, strong financials, dividend payments, and share repurchases, investing in Old Dominion presents a compelling opportunity for those optimistic about the American economy and long-term growth.
Source: YAHOO