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. Fedex (NYSE:FDX)
Fedex (NYSE:FDX) 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 Fedex (NYSE:FDX) is: Value: C, Growth: B, Momentum: B, Sentiment: C, Safety: B, Financials: C, and AI: C.
Fedex (NYSE:FDX) has a Due Diligence Score of 51, which is 22 points higher than the logistic industry average of 29.
FDX passed 18 out of 38 due diligence checks and has strong fundamentals. Fedex has seen its stock return 43.64% over the past year, overperforming other logistic stocks by 50 percentage points.
Fedex has an average 1 year
price target of $356.78, an upside of 1.26% from Fedex's current stock price of $352.35.
Fedex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 18 analysts covering Fedex, 61.11% have issued a Strong Buy rating, 0% have issued a Buy, 33.33% have issued a hold, while 0% have issued a Sell rating, and 5.56% have issued a Strong Sell.
2. Pitney Bowes (NYSE:PBI)
Pitney Bowes (NYSE:PBI) 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 Pitney Bowes (NYSE:PBI) is: Value: A, Growth: C, Momentum: D, Sentiment: C, Safety: C, Financials: B, and AI: C.
Pitney Bowes (NYSE:PBI) has a Due Diligence Score of 37, which is 8 points higher than the logistic industry average of 29.
PBI passed 14 out of 38 due diligence checks and has average fundamentals. Pitney Bowes has seen its stock return 10.48% over the past year, overperforming other logistic stocks by 17 percentage points.
Pitney Bowes has an average 1 year
price target of $11.67, an upside of 12.94% from Pitney Bowes's current stock price of $10.33.
Pitney Bowes stock has a consensus Hold recommendation according to Wall Street analysts. Of the 3 analysts covering Pitney Bowes, 0% have issued a Strong Buy rating, 33.33% have issued a Buy, 66.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Bingex (NASDAQ:FLX)
Bingex (NASDAQ:FLX) is the #3 top logistic stock out of 30 with a Zen Rating of C. Stocks with a rating of C have had an average return of +7.53% 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 19, which is -10 points lower than the logistic industry average of 29.
FLX passed 6 out of 33 due diligence checks and has weak fundamentals. Bingex has seen its stock lose -70.46% over the past year, underperforming other logistic stocks by -64 percentage points.