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 30 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: A, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: B, and AI: C.
Pitney Bowes (NYSE:PBI) has a Due Diligence Score of 34, which is 4 points higher than the logistic industry average of 30.
PBI passed 13 out of 38 due diligence checks and has average fundamentals. Pitney Bowes has seen its stock return 74.08% over the past year, overperforming other logistic stocks by 44 percentage points.
Pitney Bowes has an average 1 year
price target of $16.00, an upside of 2.7% from Pitney Bowes's current stock price of $15.58.
Pitney Bowes stock has a consensus Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Pitney Bowes, 0% have issued a Strong Buy rating, 50% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Bingex (NASDAQ:FLX)
Bingex (NASDAQ:FLX) is the #2 top logistic stock out of 30 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Bingex (NASDAQ:FLX) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Bingex (NASDAQ:FLX) has a Due Diligence Score of 42, which is 12 points higher than the logistic industry average of 30.
FLX passed 13 out of 33 due diligence checks and has strong fundamentals. Bingex has seen its stock return 13.75% over the past year, underperforming other logistic stocks by -16 percentage points.
3. Fedex (NYSE:FDX)
Fedex (NYSE:FDX) is the #3 top logistic stock out of 30 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Fedex (NYSE:FDX) is: Value: C, Growth: C, Momentum: B, Sentiment: C, Safety: B, Financials: C, and AI: C.
Fedex (NYSE:FDX) has a Due Diligence Score of 52, which is 22 points higher than the logistic industry average of 30.
FDX passed 19 out of 38 due diligence checks and has strong fundamentals. Fedex has seen its stock return 74.4% over the past year, overperforming other logistic stocks by 45 percentage points.
Fedex has an average 1 year
price target of $395.61, an upside of 5.24% from Fedex's current stock price of $375.93.
Fedex stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 18 analysts covering Fedex, 66.67% have issued a Strong Buy rating, 0% have issued a Buy, 27.78% have issued a hold, while 0% have issued a Sell rating, and 5.56% have issued a Strong Sell.