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. Arcbest (NASDAQ:ARCB)
Arcbest (NASDAQ:ARCB) 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 +17.17% per year.
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The Component Grade breakdown for Arcbest (NASDAQ:ARCB) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: A, Financials: C, and AI: C.
Arcbest (NASDAQ:ARCB) has a Due Diligence Score of 42, which is 10 points higher than the trucking industry average of 32.
ARCB passed 15 out of 38 due diligence checks and has strong fundamentals. Arcbest has seen its stock return 74.82% over the past year, overperforming other trucking stocks by 42 percentage points.
Arcbest has an average 1 year
price target of $162.64, an upside of 28.66% from Arcbest's current stock price of $126.41.
Arcbest stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Arcbest, 45.45% have issued a Strong Buy rating, 9.09% have issued a Buy, 45.45% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Universal Logistics Holdings (NASDAQ:ULH)
The Component Grade breakdown for Universal Logistics Holdings (NASDAQ:ULH) is: Value: C, Growth: C, Momentum: C, Sentiment: A, Safety: A, Financials: C, and AI: C.
Universal Logistics Holdings (NASDAQ:ULH) has a Due Diligence Score of 17, which is -15 points lower than the trucking industry average of 32. Although this number is below the industry average, our proven quant model rates ULH as a "B".
ULH passed 5 out of 38 due diligence checks and has weak fundamentals. Universal Logistics Holdings has seen its stock return 3.02% over the past year, underperforming other trucking stocks by -30 percentage points.
Universal Logistics Holdings has an average 1 year
price target of $15.00, a downside of -13.89% from Universal Logistics Holdings's current stock price of $17.42.
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.
3. Xpo (NYSE:XPO)
Xpo (NYSE:XPO) 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 Xpo (NYSE:XPO) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: C.
Xpo (NYSE:XPO) has a Due Diligence Score of 35, which is 3 points higher than the trucking industry average of 32.
XPO passed 12 out of 33 due diligence checks and has average fundamentals. Xpo has seen its stock return 46.7% over the past year, overperforming other trucking stocks by 14 percentage points.
Xpo has an average 1 year
price target of $227.61, an upside of 24.37% from Xpo's current stock price of $183.01.
Xpo stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 19 analysts covering Xpo, 57.89% have issued a Strong Buy rating, 26.32% have issued a Buy, 10.53% have issued a hold, while 0% have issued a Sell rating, and 5.26% have issued a Strong Sell.