Breaking news on Rush Enterprises Inc. (RUSH) is featured today at dbusiness.
SAN ANTONIO, July 20 (dbusiness) -- The big truck seller, Rush Enterprises Inc., had earnings of 57 cents a share in the second quarter this year, seven cents above what analysts� estimates had forecast.
Chairman and CEO W. Marvin Rush said the results are on track for another record year for the company, which operates the largest Peterbilt dealership network in North America.
If we were in a raging bull market for small stocks, RUSH would be 10 points higher now. But since all the attention is on large caps and tech stocks, RUSH is mostly missed, especially by the big institutional investors. But, we still have had a nice rise this year, so things are not bad. As long as the entire market does not crash (odds of that are small), I see RUSH in the mid to high 20's by the end of the year. Slow, steady progress.