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Goldman Sachs Highlights Potential Rebound in Beaten-Down Trucking Stocks
Goldman Sachs Highlights Potential Rebound in Beaten-Down Trucking Stocks
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Goldman Sachs analyst Jordan Alliger is shifting focus to the trucking sector, suggesting a potential rebound after months of steep declines. Despite fundamental risks tied to tariffs and global trade tensions, Alliger sees early exposure to trucking stocks as a strategic MOVE ahead of the next earnings upgrade cycle.
Two unnamed trucking stocks, down more than 30% this year, are flagged as prime candidates for recovery. The sector's sensitivity to U.S.-China trade dynamics could position it for gains as negotiations show tentative progress.
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