Paccar's stock chart is pointing higher - Joseph Lazzaro

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Paccar's stock chart is pointing higher
Oct 15, 2009 06:50 PM UTC

Joseph Lazzaro

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Symbol	Sentiment	Start	Return	Closed
PCAR		10/15/09	+0.47%	--

Via BloggingStocks:

Filed under: Stocks to Buy

Things are starting to look up for truck manufacturer Paccar Inc. (NASDAQ: PCAR), which is why I'm Reiterating my Buy rating for the company's shares, first recommended on July 6, 2009 at a price of $30.81. If you bought Paccar in July, you're up about 22%.

As expected, Paccar's revenue will start to increase in FY2010, after bottoming this year, as economies in North America, Europe, and in emerging markets continue to recover.

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Paccar's stock chart is pointing higher originally appeared on BloggingStocks on Thu, 15 Oct 2009 13:50:00 EST. Please see our terms for use of feeds.

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