|Bid||302.50 x 1000|
|Ask||320.00 x 1200|
|Day's Range||297.80 - 304.79|
|52 Week Range||185.20 - 304.79|
|Beta (5Y Monthly)||0.99|
|PE Ratio (TTM)||48.22|
|Earnings Date||Oct 25, 2021 - Oct 29, 2021|
|Forward Dividend & Yield||0.80 (0.28%)|
|Ex-Dividend Date||Aug 31, 2021|
|1y Target Est||276.30|
Finding great dividend stocks doesn't always lead you to companies with the biggest payouts. A market crash is a rare opportunity to add them to your portfolio at less-than-premium valuations. Transportation company Old Dominion Freight Line (NASDAQ: ODFL) may be the best dividend stock to buy if the market crashes.
Old Dominion Freight Line rose to hit a 304.32 buy point on Friday. It's already actionable from a 50-day line bounce. The trucking firm rallied Friday as peer J.B. Hunt surged on accelerating earnings growth. A few other trucking firms also did well, with Saia also clearing a buy point. But ODFL has a better relative strength line trend.
Zacks Industry Outlook Highlights: ArcBest Corp, Covenant Logistics, Old Dominion Freight Line, Saia and J.B. Hunt Transport Services