The problem with stumbling upon a stock and declaring a strong buy is that you have no history. Ryder has sold its car carrier division, consumer rental, bus division, and stripped its rental fleet to nothing to become a "non-asset" based company. This is the reason its credit rating has suffered - no assets to secure operating capital. Currently its logistics and leasing business is suffering. Ryder historically bounces between a market share and margin based selling strategy - whatever it takes to keep the shareholders at bay. This has created a second rate sales force.I will give you this much, Ryder could be a great company again, if, and only if they get rid of Tony Burns. The lack of vision and leadership is ultimately the reason this stock will never see $50.00 again.
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