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Enter Symbol:
 
Arcbest Corp. (ARCB) [hlAlert]

Rating:
Strong Buy
ABFS
up 2.46 %

Arkansas Best Corporation (ABFS) rated Strong Buy by Raymond James

Posted on: Monday,  Aug 26, 2013  8:25 AM ET by Raymond James

Raymond James rated Strong Buy Arcbest Corp. (NASDAQ: ARCB) on 08/26/2013, when the stock price was $26.35.
Since then, Arcbest Corp. has gained 2.47% as of 01/14/2016's recent price of $27.00.
If you would have followed this Raymond James's recommendation on ARCB, you would have gained 2.46% of your investment in 871 days.

Arkansas Best Corporation is a holding company. The Company, through its subsidiaries, is engaged in motor carrier transportation operations. The principal subsidiary of the Company is ABF Freight System, Inc. (ABF). ABF offers national, inter-regional and regional transportation of general commodities through standard, expedited and guaranteed less-than-truckload (LTL) services. General commodities include all freight except hazardous waste, dangerous explosives, commodities of exceptionally high value and commodities in bulk. ABF accounted for 96% of the Company?s consolidated revenues for the year ended December 31, 2008. The Company?s LTL motor carrier operations are conducted through ABF, ABF Freight System (B.C.), Ltd., ABF Freight System Canada, Ltd., ABF Cartage, Inc. and Land-Marine Cargo, Inc. (collectively ABF).

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/26/2013 8:25 AM Buy
None
26.35
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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