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 trucking stocks to buy right now are:
1. Covenant Logistics Group (NYSE:CVLG)
The Component Grade breakdown for Covenant Logistics Group (NYSE:CVLG) is: Value: C, Growth: C, Momentum: A, Sentiment: B, Safety: A, Financials: C, and AI: B.
Covenant Logistics Group (NYSE:CVLG) has a Due Diligence Score of 28, which is equal to the trucking industry average of 28.
CVLG passed 10 out of 38 due diligence checks and has average fundamentals. Covenant Logistics Group has seen its stock return 66.92% over the past year, overperforming other trucking stocks by 27 percentage points.
Covenant Logistics Group has an average 1 year
price target of $60.00, an upside of 38.25% from Covenant Logistics Group's current stock price of $43.40.
Covenant Logistics Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Covenant Logistics Group, 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. Tfi International (NYSE:TFII)
The Component Grade breakdown for Tfi International (NYSE:TFII) is: Value: C, Growth: C, Momentum: A, Sentiment: A, Safety: B, Financials: C, and AI: B.
Tfi International (NYSE:TFII) has a Due Diligence Score of 21, which is -7 points lower than the trucking industry average of 28. Although this number is below the industry average, our proven quant model rates TFII as a "B".
TFII passed 7 out of 38 due diligence checks and has weak fundamentals. Tfi International has seen its stock return 63.74% over the past year, overperforming other trucking stocks by 23 percentage points.
Tfi International has an average 1 year
price target of $167.50, an upside of 13.36% from Tfi International's current stock price of $147.76.
Tfi International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Tfi International, 58.33% have issued a Strong Buy rating, 16.67% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Arcbest (NASDAQ:ARCB)
Arcbest (NASDAQ:ARCB) is the #3 top trucking stock out of 16 with a Zen Rating of B. Stocks with a rating of B have had an average return of +17.17% per year.
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The Component Grade breakdown for Arcbest (NASDAQ:ARCB) is: Value: C, Growth: C, Momentum: B, Sentiment: B, Safety: A, Financials: C, and AI: C.
Arcbest (NASDAQ:ARCB) has a Due Diligence Score of 45, which is 17 points higher than the trucking industry average of 28.
ARCB passed 16 out of 38 due diligence checks and has strong fundamentals. Arcbest has seen its stock return 74.91% over the past year, overperforming other trucking stocks by 35 percentage points.
Arcbest has an average 1 year
price target of $162.17, an upside of 8.49% from Arcbest's current stock price of $149.48.
Arcbest stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Arcbest, 50% have issued a Strong Buy rating, 8.33% have issued a Buy, 41.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.