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Barchart
Barchart
Sohini Mondal

Is PACCAR Stock Underperforming the S&P 500?

Paccar PCAR United States

With a market cap of $48.5 billion, PACCAR Inc (PCAR) is a global leader in the design, manufacture, and distribution of light-, medium-, and heavy-duty commercial trucks under the Kenworth, Peterbilt, and DAF nameplates. Its vehicles and services are distributed worldwide across North and South America, Europe, Australia, the Middle East, Africa, and over 100 international markets.

Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and PACCAR  fits this criterion perfectly. Operating through Truck, Parts, and Financial Services segments, PACCAR also produces diesel engines, powertrain components, and aftermarket parts and offers full-service leasing and financing through PacLease.

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