PACCAR Inc. is a Bellevue-based company that designs, manufactures, and distributes commercial trucks, with a market cap of $55.4 billion. The company is investing in next-gen technologies like zero-emission trucks and autonomous driving. Despite trading below its 52-week high, PCAR shares have gained 4% in the past three months. On a YTD basis, PCAR is down, but analysts remain moderately optimistic with a “Moderate Buy” rating and a mean price target of $107.47. In Q3, PCAR’s net sales declined but beat estimates, showing resilience in challenging times. The stock has underperformed its rival, Oshkosh Corporation.
Read more at Yahoo Finance: Is PACCAR Stock Outperforming the Dow?
