Bloomberg Markets: Dave Wilson's Stock of the Day for Oct. 16

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Covenant Transportation Group (CVTI). Covenant Transportation Group Inc.'s shares are headed for their biggest decline in a year after Cowen cut its rating on the trucking company and said many of its peers were overvalued. Covenant was lowered to the equivalent of hold from buy after a third-quarter surge of 65 percent, the biggest in any quarter since 2009. Cowen's 12-month price estimate for the stock is $24, lower than the current market price.

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