Good time to buy PACCAR?

Let’s talk about PACCAR (NASDAQ:PCAR).

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This is a company, in my mind, that is firing on all cylinders, no pun intended. They beat the Street in the last four quarters. Usually they beat by 1%, but that September quarter, they blew them away by 8%.

How good has business been? Kenworth and Peterbilt and their Canadian class 8, the truck orders are up 46% year over year, that's through November. That's the highest since 2006.

The company is offering an extra dividend -- a dollar payable to shareholders through January 6th of next year. In addition, last quarter they bought back a bunch of stock. Oh by the way that quarter, record revenue for parts record revenue for the company, record revenue for financing -- cash $760 million. This company is on fire. It is gaining momentum.

I think this could be a $90 stock, or even more. This is one I think for right now, you should consider for your 401(k).