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. Xpo (NYSE:XPO)
Xpo (NYSE:XPO) is the #1 top trucking stock out of 16 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 Xpo (NYSE:XPO) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: A, Financials: C, and AI: C.
Xpo (NYSE:XPO) has a Due Diligence Score of 30, which is 1 points higher than the trucking industry average of 29.
XPO passed 10 out of 33 due diligence checks and has average fundamentals. Xpo has seen its stock return 66.99% over the past year, overperforming other trucking stocks by 58 percentage points.
Xpo has an average 1 year
price target of $179.73, a downside of -4.93% from Xpo's current stock price of $189.05.
Xpo stock has a consensus Buy recommendation according to Wall Street analysts. Of the 15 analysts covering Xpo, 60% have issued a Strong Buy rating, 13.33% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 6.67% have issued a Strong Sell.
2. Covenant Logistics Group (NYSE:CVLG)
The Component Grade breakdown for Covenant Logistics Group (NYSE:CVLG) is: Value: C, Growth: C, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Covenant Logistics Group (NYSE:CVLG) has a Due Diligence Score of 33, which is 4 points higher than the trucking industry average of 29.
CVLG passed 12 out of 38 due diligence checks and has average fundamentals. Covenant Logistics Group has seen its stock return 16.02% over the past year, overperforming other trucking stocks by 7 percentage points.
3. Universal Logistics Holdings (NASDAQ:ULH)
The Component Grade breakdown for Universal Logistics Holdings (NASDAQ:ULH) is: Value: C, Growth: D, Momentum: C, Sentiment: A, Safety: A, Financials: C, and AI: C.
Universal Logistics Holdings (NASDAQ:ULH) has a Due Diligence Score of 22, which is -7 points lower than the trucking industry average of 29.
ULH passed 7 out of 38 due diligence checks and has weak fundamentals. Universal Logistics Holdings has seen its stock lose -28.02% over the past year, underperforming other trucking stocks by -37 percentage points.
Universal Logistics Holdings has an average 1 year
price target of $17.00, a downside of -14.96% from Universal Logistics Holdings's current stock price of $19.99.
Universal Logistics Holdings stock has a consensus Hold recommendation according to Wall Street analysts. Of the 1 analyst covering Universal Logistics Holdings, 0% have issued a Strong Buy rating, 0% have issued a Buy, 100% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.