Time For Paccar’s Drive Higher To Slow?
- Wednesday, October 21, 2020, 7:12
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After more than an 80% rise from its March lows of this year, at the current price near $90 per share, we believe Paccar’s stock is overvalued. Paccar, one of the largest manufacturers of medium- and heavy-duty trucks in the world, saw its stock increase from $50 to $90 since March 23rd compared…