We recently published Jim Cramer Discusses These 10 Stocks & AI-Led Disinflation. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is one of the stocks Jim Cramer recently discussed.
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is one of the largest trucking companies in America. As the firm’s performance depends on economic performance, it’s unsurprising that the shares have lost 13% year-to-date. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)’s stock is still down by 2.6% since the pre-Liberation Day tariff high. Some factors that have influenced the shares include weak earnings reports on the back of growing stocks. However, Cramer advised viewers against selling the stock:
“. . .I’m very bullish on industrial. And the industrials so you don’t need to fool around. . .things are better for these companies. We saw that with JB Hunt, which I didn’t think had that great a quarter but it was, people regarding as an inflection quarter. So don’t sell a rail, don’t sell any of these capital equipment companies because I don’t think people realize legislation is about capital equipment.”
A truck on a highway, its exhausts billowing in the air.
Previously, Cramer shared that J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) was quite popular among retail investors:
“Well what people wanted frankly, they’re buying the transport, they’re buying JB Hunt. They’re buying the most pedestrian of things. Which I’ve got to tell you is really rather amazing again. It’s an indicator of people are really, really bullish. They think that there’s going to be return to trade. That they were too negative during this period.”
While we acknowledge the potential of JBHT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
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Disclosure: None. This article is originally published at Insider Monkey.