J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is one of the stocks Jim Cramer highlighted in light of the Fed rate cut. Cramer mentioned the stock while recommending transport stocks, as he said:
“Hey, you know what? You can buy the transports. They thrive when rates go down. I think J.B. Hunt can be bought for the truckers. I never recommend them, but I think the long trucking recession’s over.”
Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels
J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) provides freight, delivery, and logistics solutions across multiple transportation modes. The company operates extensive fleets of tractors and trailers. Parnassus Investments stated the following regarding J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) in its second quarter 2025 investor letter:
“J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), a leading logistics and intermodal transportation provider in the U.S., declined as the freight cycle remained sluggish and guidance fell short of expectations. We continue to monitor the cycle’s progression and believe the company is well-positioned to benefit once freight demand recovers.”
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Disclosure: None. This article is originally published at Insider Monkey.