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: D, Momentum: C, Sentiment: D, Safety: A, Financials: C, and AI: C.
Covenant Logistics Group (NYSE:CVLG) has a Due Diligence Score of 48, which is 13 points higher than the trucking industry average of 35.
CVLG passed 17 out of 38 due diligence checks and has strong fundamentals. Covenant Logistics Group has seen its stock lose -11.93% over the past year, overperforming other trucking stocks by 17 percentage points.
Covenant Logistics Group has an average 1 year
price target of $36.00, an upside of 80.9% from Covenant Logistics Group's current stock price of $19.90.
Covenant Logistics Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Covenant Logistics Group, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Knight Swift Transportation Holdings (NYSE:KNX)
The Component Grade breakdown for Knight Swift Transportation Holdings (NYSE:KNX) is: Value: C, Growth: C, Momentum: D, Sentiment: C, Safety: B, Financials: C, and AI: C.
Knight Swift Transportation Holdings (NYSE:KNX) has a Due Diligence Score of 43, which is 8 points higher than the trucking industry average of 35.
KNX passed 15 out of 38 due diligence checks and has strong fundamentals. Knight Swift Transportation Holdings has seen its stock lose -15.27% over the past year, overperforming other trucking stocks by 14 percentage points.
Knight Swift Transportation Holdings has an average 1 year
price target of $50.14, an upside of 28.01% from Knight Swift Transportation Holdings's current stock price of $39.17.
Knight Swift Transportation Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Knight Swift Transportation Holdings, 64.29% have issued a Strong Buy rating, 0% have issued a Buy, 35.71% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Schneider National (NYSE:SNDR)
The Component Grade breakdown for Schneider National (NYSE:SNDR) is: Value: C, Growth: C, Momentum: C, Sentiment: D, Safety: B, Financials: C, and AI: C.
Schneider National (NYSE:SNDR) has a Due Diligence Score of 33, which is -2 points lower than the trucking industry average of 35.
SNDR passed 11 out of 38 due diligence checks and has average fundamentals. Schneider National has seen its stock return 3.92% over the past year, overperforming other trucking stocks by 33 percentage points.
Schneider National has an average 1 year
price target of $26.83, an upside of 24.86% from Schneider National's current stock price of $21.49.
Schneider National stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Schneider National, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.