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 29 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: B, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Fedex (NYSE:FDX) has a Due Diligence Score of 46, which is 16 points higher than the logistic industry average of 30.
FDX passed 16 out of 38 due diligence checks and has strong fundamentals. Fedex has seen its stock lose -7.31% over the past year, overperforming other logistic stocks by 13 percentage points.
Fedex has an average 1 year
price target of $272.33, an upside of 7.29% from Fedex's current stock price of $253.82.
Fedex stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Fedex, 53.33% have issued a Strong Buy rating, 6.67% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Pitney Bowes (NYSE:PBI)
Pitney Bowes (NYSE:PBI) is the #2 top logistic stock out of 29 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: B, 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 37.03% over the past year, overperforming other logistic stocks by 57 percentage points.
3. Hunt J B Transport Services (NASDAQ:JBHT)
The Component Grade breakdown for Hunt J B Transport Services (NASDAQ:JBHT) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: C, Financials: B, and AI: C.
Hunt J B Transport Services (NASDAQ:JBHT) has a Due Diligence Score of 35, which is 5 points higher than the logistic industry average of 30.
JBHT passed 12 out of 38 due diligence checks and has average fundamentals. Hunt J B Transport Services has seen its stock lose -6.51% over the past year, overperforming other logistic stocks by 14 percentage points.
Hunt J B Transport Services has an average 1 year
price target of $166.69, a downside of -1.29% from Hunt J B Transport Services's current stock price of $168.86.
Hunt J B Transport Services stock has a consensus Buy recommendation according to Wall Street analysts. Of the 16 analysts covering Hunt J B Transport Services, 31.25% have issued a Strong Buy rating, 25% have issued a Buy, 43.75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.