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Valued at a market cap of $61.3 billion, PACCAR Inc (PCAR) designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks. The Bellevue, Washington-based company also distributes aftermarket parts for trucks and related commercial vehicles.
This industrial company has underperformed the broader market over the past 52 weeks. Shares of PCAR have gained 30.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 31.4%. Moreover, on a YTD basis, the stock is up 6.4%, compared to SPX’s 7.6% rise.