Old Dominion Freight Line, Inc. (ODFL): A Bull Case Theory

We came across a bullish thesis on Old Dominion Freight Line, Inc. (ODFL) on The Equity Analyst’s Substack by Richard Toad. In this article, we will summarize the bulls’ thesis on ODFL. ODFL Technologies, Inc. share was trading at $196.17 as of Sept 23^rd. ODFL’s trailing and forward P/E were 33.59 and 28.90 respectively according to Yahoo Finance.

[caption id="attachment_1224157" align="aligncenter" width="768"] A delivery truck filled with grocery items heading to a local school.[/caption]

Old Dominion Freight Line (OD) caters to small and medium-sized businesses that need...