Paccar's Q2 Earnings: Why It Beats The Market And What To Do Now
PACCAR(PCAR) Seeking Alpha·2024-07-18 05:15
pidjoe/iStock Unreleased via Getty ImagesWhy does Paccar beat the market? How do we beat the S&P 500 (SPY)? A simple strategy is to be overweight on the top 10 names. But what if we want to selectively pick our stocks independently from the market cap, but solely base our choice on fundamentals? Paccar (NASDAQ:PCAR) is a stock that has beaten the index over the past five years and its shares have delivered a total return close to 160% while the S&P 500 is just above 100%. Interestingly, Paccar is not a ...