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. 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 41, which is 9 points higher than the logistic industry average of 32.
RLGT passed 13 out of 33 due diligence checks and has strong fundamentals. Radiant Logistics has seen its stock return 47.07% over the past year, overperforming other logistic stocks by 27 percentage points.
Radiant Logistics has an average 1 year
price target of $11.00, an upside of 25.28% from Radiant Logistics's current stock price of $8.78.
Radiant Logistics stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Radiant Logistics, 50% have issued a Strong Buy rating, 50% have issued a Buy, 0% 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 32 with a Zen Rating of A. Stocks with a rating of A have had an average return of +28.5% per year.
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The Component Grade breakdown for Pitney Bowes (NYSE:PBI) is: Value: A, Growth: C, Momentum: B, Sentiment: C, Safety: C, Financials: B, and AI: C.
Pitney Bowes (NYSE:PBI) has a Due Diligence Score of 37, which is 5 points higher than the logistic industry average of 32.
PBI passed 14 out of 38 due diligence checks and has average fundamentals. Pitney Bowes has seen its stock return 45.19% over the past year, overperforming other logistic stocks by 25 percentage points.
Pitney Bowes has an average 1 year
price target of $18.83, an upside of 15.61% from Pitney Bowes's current stock price of $16.29.
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. Expeditors International Of Washington (NYSE:EXPD)
The Component Grade breakdown for Expeditors International Of Washington (NYSE:EXPD) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: C, Financials: A, and AI: B.
Expeditors International Of Washington (NYSE:EXPD) has a Due Diligence Score of 49, which is 17 points higher than the logistic industry average of 32.
EXPD passed 19 out of 38 due diligence checks and has strong fundamentals. Expeditors International Of Washington has seen its stock return 53.27% over the past year, overperforming other logistic stocks by 33 percentage points.
Expeditors International Of Washington has an average 1 year
price target of $178.63, a downside of -5.07% from Expeditors International Of Washington's current stock price of $188.16.
Expeditors International Of Washington stock has a consensus Hold recommendation according to Wall Street analysts. Of the 9 analysts covering Expeditors International Of Washington, 22.22% have issued a Strong Buy rating, 0% have issued a Buy, 55.56% have issued a hold, while 0% have issued a Sell rating, and 22.22% have issued a Strong Sell.