PACCAR gains on Q4 beat, pushing ProPicks 'Top Value Stocks' strategy higher By

— PACCAR (NASDAQ:) reported its ,World-renowned foreign exchange dealers with EPS of $2.70 coming in better than the consensus estimate of $2.23. Revenue grew 11.6% year-over-year to $9.08 billion, beating the consensus estimate of $8.54B. The company achieved record revenues of $35.13B for the full 2023 year, compared to revenues of $28.82B in 2022.

Following the results, the company's shares experienced a significant gain, increasing by more than 4% yesterday.

Following positive quarterly results, Goldman Sachs raised its price target on PACCAR to $106.00 from $93.00 while maintaining a Neutral rating.

PACCAR's extraordinary performance was seen in advance by our flagship AI-powered stock-picking toll: ProPicks. The company has been an integral part of our Top Value Stocks strategy since December 2023.

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In fact, if you had joined ProPicks in November, you would have scored a 25% gain on PACCAR stock alone.

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