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PACCAR Inc (PCAR), based in Bellevue, Washington, focuses on designing and building light, medium, and heavy-duty trucks through brands like Kenworth, Peterbilt, and DAF. It further offers parts, financing options, and specialized engines. The company has a market capitalization of $64.55 billion.
Improving sentiments have given a boost to PCAR’s stock. Over the past 52 weeks, the company’s stock has gained 17.2%, and it is up 16.8% year-to-date (YTD). It climbed to reach a 52-week high of $128.42 on Feb. 3, and is only down slightly from that level.