Jim Cramer Shares Why He Likes J.B. Hunt (JBHT)

We recently shared Jim Cramer Rubbished Circular AI Deals & Commented On These 18 Stocks. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is one of the stocks discussed by Jim Cramer.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is one of the largest freight and logistics companies in the US. Its shares are up by 96% over the past year and by 28% year-to-date. April has been a good month for J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)’s stock as it is up by 12.4% since the 15th. Evercore ISI increased the firm’s share price target to $232 from $222 and kept an Outperform rating on the shares on March 26th, according to The Fly. As part of its coverage, the financial firm remarked that the downturn that had affected the firm appeared to have ended. Evercore based its opinion macroeconomic and other industry-specific signals. Cramer praised J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT)’s management during the earnings call:

“I happen like JB Hunt, and I like the fact that they’re always candid on their call. They really kind of called the bottom yesterday. Now I know that they would say, Jim don’t say that we inflected. But it was a really good call, it was very positive, the stock hadn’t been going up but this was the, what I’d call, the breakout call.”

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