Big trucks have been instrumental in getting goods from point A to point B.
The global commercial vehicle market will grow 91.9% from 2020 to 2030.
Today’s Power Stock is one of the largest producers of commercial trucks. It rates a 90 on our proprietary system.
In 1898, Alexander Winton invented the semitruck and sold the first one a year later.
Today, these large commercial vehicles are instrumental in transporting goods and merchandise across the U.S.
Growth in the commercial vehicle market is now spurred by an explosion in e-commerce sales — making it easier to buy products from all over the country.
From 2020 to 2030, the global commercial vehicles market will grow by 91.1%:
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For most of 2022, inflation was the biggest concern for investors. Apart from making life difficult for ordinary Americans, persistent high inflation has forced the Federal Reserve to raise interest rates and shrink its balance sheet at a relentless pace. Slowing inflation is the Fed’s only mission right now.
Well, we got some positive news on that front earlier this month.
But the overall market has lost momentum since.
As my friend and colleague Charles Sizemore pointed out, news coming out of other pockets of the economy is far less encouraging.
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