16 Best 52-Week Low Stocks To Buy Now According to Short Sellers

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9. Landstar System Inc. (NASDAQ:LSTR)

Short Interest as % of Shares Outstanding: 2.48%

Landstar System Inc. (NASDAQ:LSTR) is a leading asset-light freight transportation and logistics company specializing in third-party capacity management. Operating through a network of independent agents and owner-operators, the company provides flexible and scalable freight solutions across North America. It offers truckload, less-than-truckload, intermodal, and specialized transportation services, catering to diverse industries, including manufacturing, retail, and government.

Landstar System Inc. (NASDAQ:LSTR) has been underperforming through the entire calendar 2024, as the post-pandemic high inflation and high interest rate environment has been gradually constraining the commerce and industrial activity, which are the main drivers of logistics & freight demand. The company’s logistics segment has experienced double-digit declines throughout the last 4 quarters, with both loadings and revenue per load being pressured. Furthermore, the company faced softness during the last quarter due to severe winter weather and Southern California fires. Still, the low short interest in the company likely points towards a potential bottom in stock price, as the aforementioned headwinds are being lapped in the next months, all while the priorities of the new “Trump 2.0” regime appear favorable for the entire transportation sector – the onshoring of manufacturing, prioritization of large infrastructure projects as well as a favorable environment for legacy energy business are all attractive tailwinds for LSTR, which should stimulate volumes for the next 4 years. Also, the strength in the balance sheet positions the company well to navigate any short-term macro weakness.

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