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: B, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Covenant Logistics Group (NYSE:CVLG) has a Due Diligence Score of 40, which is 11 points higher than the trucking industry average of 29.
CVLG passed 14 out of 38 due diligence checks and has average fundamentals. Covenant Logistics Group has seen its stock lose -21.2% over the past year, overperforming other trucking stocks by 8 percentage points.
2. Xpo (NYSE:XPO)
Xpo (NYSE:XPO) is the #2 top trucking stock out of 17 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 Xpo (NYSE:XPO) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: A, Financials: C, and AI: C.
Xpo (NYSE:XPO) has a Due Diligence Score of 33, which is 4 points higher than the trucking industry average of 29.
XPO passed 11 out of 33 due diligence checks and has average fundamentals. Xpo has seen its stock lose -5.76% over the past year, overperforming other trucking stocks by 23 percentage points.
Xpo has an average 1 year
price target of $147.67, a downside of -0.93% from Xpo's current stock price of $149.06.
Xpo stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Xpo, 73.33% have issued a Strong Buy rating, 20% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 6.67% have issued a Strong Sell.
3. Arcbest (NASDAQ:ARCB)
Arcbest (NASDAQ:ARCB) is the #3 top trucking stock out of 17 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 Arcbest (NASDAQ:ARCB) is: Value: C, Growth: C, Momentum: D, Sentiment: D, Safety: B, Financials: C, and AI: C.
Arcbest (NASDAQ:ARCB) has a Due Diligence Score of 44, which is 15 points higher than the trucking industry average of 29.
ARCB passed 15 out of 38 due diligence checks and has strong fundamentals. Arcbest has seen its stock lose -30.97% over the past year, underperforming other trucking stocks by -2 percentage points.
Arcbest has an average 1 year
price target of $86.86, an upside of 13.43% from Arcbest's current stock price of $76.57.
Arcbest stock has a consensus Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Arcbest, 42.86% have issued a Strong Buy rating, 0% have issued a Buy, 57.14% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.