Why J.B. Hunt (JBHT) Stock Deserves a Place in Your Portfolio

Why J.B. Hunt (JBHT) Stock Deserves a Place in Your Portfolio
This story originally appeared on Zacks

Shares of J.B. Hunt Transport Services JBHT have been performing well lately, gaining 21.4% over the past six months. As a result, the stock has outperformed the S&P 500’s 10.1% rise in the same time frame.

Why J.B. Hunt (JBHT) Stock Deserves a Place in Your Portfolio – Zacks

Zacks Investment ResearchImage Source: Zacks Investment Research

Let’s look into the factors that are aiding this currently Zacks Rank #2 (Buy) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Upward Estimate Revision: The Zacks Consensus Estimate for current-quarter earnings has been revised 5.2% upward over the past 90 days. For 2022, the consensus mark for earnings has moved 5.4% north in the same time frame. The favorable estimate revisions reflect brokers’ confidence in the stock.

Given the wealth of information at their disposal, it is in the…

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