Business

Buy Paccar Stock. Truck companies can weather a recession.


Before Steven Spielberg achieved blockbuster success with Jaw, he made duel, About a driver is terrorized by a large tanker truck. The story doesn’t end well for the murderous Peterbilt rig the director uses in the film, but investors should find a happier ending with the truck’s maker,

Paccar

Today, Paccar (code: PCAR), which sells trucks with brands like Peterbilt, Kenworth and DAF, is considered one of the best on the road. Over the past decade, the company has sold and manufactured more than 1.5 million large rigs, which have ended up on highways in North and South America, as well as Europe and even Australia.

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