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Paccar: An Emissions/Emerging Markets Play

Truck manufacturer Paccar Inc's (PCAR) recovery continues, and that's a major reason I'm reiterating my buy rating for the company's shares, first recommended on July 6, 2009 at a price of $30.81.

Look for Paccar's revenue will start to increase in FY2010, after bottoming in FY2009, as economies in North America, Europe, and in emerging markets continue to recover.

Continue reading Paccar: An Emissions/Emerging Markets Play

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Last updated: May 27, 2012: 11:49 AM

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