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 68.44% over the past year, overperforming other trucking stocks by 60 percentage points.
Xpo has an average 1 year
price target of $176.40, a downside of -3% from Xpo's current stock price of $181.85.
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 11.5% over the past year, overperforming other trucking stocks by 3 percentage points.
3. Tfi International (NYSE:TFII)
The Component Grade breakdown for Tfi International (NYSE:TFII) is: Value: C, Growth: D, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: C.
Tfi International (NYSE:TFII) has a Due Diligence Score of 16, which is -13 points lower than the trucking industry average of 29.
TFII passed 6 out of 38 due diligence checks and has weak fundamentals. Tfi International has seen its stock return 18.89% over the past year, overperforming other trucking stocks by 10 percentage points.
Tfi International has an average 1 year
price target of $127.91, an upside of 29.03% from Tfi International's current stock price of $99.13.
Tfi International stock has a consensus Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Tfi International, 54.55% have issued a Strong Buy rating, 9.09% have issued a Buy, 36.36% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.