After Beating Earnings Estimates, is J.B. Hunt Transport Services a Buy?

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Last week, JBHT’s shares hit a new high of $190.55 after the company announced third-quarter revenue and net income growth, surpassing analysts’ estimates. The stock has gained 34.3% in price over the past year and 39.5% year-to-date.

Though the company witnessed strong top-line growth in its last reported quarter, ongoing supply chain disruptions and inefficiencies, labor shortages, and increasing costs could mar its growth in the near term.

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