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 44, which is 14 points higher than the trucking industry average of 30.
CVLG passed 15 out of 38 due diligence checks and has strong fundamentals. Covenant Logistics Group has seen its stock lose -15.43% over the past year, overperforming other trucking stocks by 10 percentage points.
2. Xpo (NYSE:XPO)
Xpo (NYSE:XPO) is the #2 top trucking stock out of 16 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: D, Safety: A, Financials: C, and AI: C.
Xpo (NYSE:XPO) has a Due Diligence Score of 33, which is 3 points higher than the trucking industry average of 30.
XPO passed 11 out of 33 due diligence checks and has average fundamentals. Xpo has seen its stock lose -4.45% over the past year, overperforming other trucking stocks by 21 percentage points.
Xpo has an average 1 year
price target of $149.14, an upside of 5.84% from Xpo's current stock price of $140.92.
Xpo stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Xpo, 71.43% have issued a Strong Buy rating, 21.43% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 7.14% have issued a Strong Sell.
3. Tfi International (NYSE:TFII)
The Component Grade breakdown for Tfi International (NYSE:TFII) is: Value: C, Growth: F, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Tfi International (NYSE:TFII) has a Due Diligence Score of 26, which is -4 points lower than the trucking industry average of 30.
TFII passed 11 out of 38 due diligence checks and has average fundamentals. Tfi International has seen its stock lose -25.22% over the past year.
Tfi International has an average 1 year
price target of $111.13, an upside of 2.86% from Tfi International's current stock price of $108.03.
Tfi International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Tfi International, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.