According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best freight stocks to buy right now are:
1. Pitney Bowes (NYSE:PBI)
Pitney Bowes (NYSE:PBI) is the #1 top logistic stock out of 28 with a Zen Rating of A. Stocks with a rating of A have had an average return of +32.52% per year.
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The Component Grade breakdown for Pitney Bowes (NYSE:PBI) is: Value: B, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: B, and AI: C.
Pitney Bowes (NYSE:PBI) has a Due Diligence Score of 9, which is -20 points lower than the logistic industry average of 29. Although this number is below the industry average, our proven quant model rates PBI as a "A".
PBI passed 3 out of 38 due diligence checks and has weak fundamentals. Pitney Bowes has seen its stock return 56.23% over the past year, overperforming other logistic stocks by 77 percentage points.
2. Radiant Logistics (NYSEMKT:RLGT)
The Component Grade breakdown for Radiant Logistics (NYSEMKT:RLGT) is: Value: C, Growth: B, Momentum: C, Sentiment: A, Safety: C, Financials: C, and AI: B.
Radiant Logistics (NYSEMKT:RLGT) has a Due Diligence Score of 36, which is 7 points higher than the logistic industry average of 29.
RLGT passed 11 out of 33 due diligence checks and has average fundamentals. Radiant Logistics has seen its stock return 0.5% over the past year, overperforming other logistic stocks by 21 percentage points.
3. Globavend Holdings (NASDAQ:GVH)
The Component Grade breakdown for Globavend Holdings (NASDAQ:GVH) is: Value: C, Growth: C, Momentum: D, Sentiment: C, Safety: D, Financials: B, and AI: C.
Globavend Holdings (NASDAQ:GVH) has a Due Diligence Score of 49, which is 20 points higher than the logistic industry average of 29.
GVH passed 16 out of 33 due diligence checks and has strong fundamentals. Globavend Holdings has seen its stock lose -94.93% over the past year, underperforming other logistic stocks by -75 percentage points.
Globavend Holdings has an average 1 year
price target of $80.00, an upside of 1,522.72% from Globavend Holdings's current stock price of $4.93.
Globavend Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Globavend Holdings, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.