3 Transportation-Services Stocks to Watch Amid Industry Challenges
Despegar.com(DESP) Zacks Investment Research·2024-02-29 23:20
The U.S. equity markets continue to be governed by extreme volatility. The hotter-than-expected inflation reading in January shows that we are not out of the woods as far as inflation in the United States is concerned. The unfavorable inflation report casts doubt on the possibility of the Federal Reserve cutting interest rates even in May, let alone in March. Reduced freight demand and supply-chain woes, too, act as deterrents. All these factors are denting the prospects of stocks in the Zacks Transportatio ...