Wolfe Research analyst Scott Group downgrades Old Dominion Freight Line (NASDAQ:ODFL) from Peer Perform to Underperform.
5 Value Stocks To Watch In The Consumer Cyclical Sector
What is a Value Stock?
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.