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: A, Financials: C, and AI: C.
Covenant Logistics Group (NYSE:CVLG) has a Due Diligence Score of 52, which is 17 points higher than the trucking industry average of 35.
CVLG passed 18 out of 38 due diligence checks and has strong fundamentals. Covenant Logistics Group has seen its stock lose -15.63% over the past year, overperforming other trucking stocks by 18 percentage points.
Covenant Logistics Group has an average 1 year
price target of $35.25, an upside of 91.26% from Covenant Logistics Group's current stock price of $18.43.
Covenant Logistics Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts 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. Universal Logistics Holdings (NASDAQ:ULH)
The Component Grade breakdown for Universal Logistics Holdings (NASDAQ:ULH) is: Value: B, Growth: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Universal Logistics Holdings (NASDAQ:ULH) has a Due Diligence Score of 46, which is 11 points higher than the trucking industry average of 35.
ULH passed 17 out of 38 due diligence checks and has strong fundamentals. Universal Logistics Holdings has seen its stock lose -16.55% over the past year, overperforming other trucking stocks by 17 percentage points.
Universal Logistics Holdings has an average 1 year
price target of $44.00, an upside of 65.91% from Universal Logistics Holdings's current stock price of $26.52.
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. Arcbest (NASDAQ:ARCB)
Arcbest (NASDAQ:ARCB) is the #3 top trucking stock out of 15 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 Arcbest (NASDAQ:ARCB) is: Value: B, Growth: D, Momentum: D, Sentiment: D, Safety: C, Financials: C, and AI: B.
Arcbest (NASDAQ:ARCB) has a Due Diligence Score of 47, which is 12 points higher than the trucking industry average of 35.
ARCB passed 18 out of 38 due diligence checks and has strong fundamentals. Arcbest has seen its stock lose -56.44% over the past year, underperforming other trucking stocks by -22 percentage points.
Arcbest has an average 1 year
price target of $100.64, an upside of 65% from Arcbest's current stock price of $60.99.
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, 0% have issued a Buy, 45.45% have issued a hold, while 9.09% have issued a Sell rating, and 0% have issued a Strong Sell.