FedEx slightly missed the analyst earnings targets yesterday, mostly reflecting the rise in the dollar. The good news is that the volume of packages increased by 2% in the express segment, and 5% in the ground segment, reflecting the growth in the economy. Here are some of the best air freight and logistics TheStreet Quant Ratings says you should consider looking at. Number 3 is Echo Global Logistics. With a ‘B+’ rating, the company’s strengths can be seen in its revenue growth and compelling growth in net income. 2nd is, Expeditors International of Washington. This rating is an ‘A-.’ Expeditors thrives in its increase in net income and revenue growth. Number 1 is FedEx Corporation. With an ‘A’ rating the company flourishes in its revenue growth and solid stock price performance. TheStreet Ratings are algorithmic stock picks based on 32 major data points. S&P 500 stocks rated ‘buy’ yielded a 16.5% return in 2014, beating the S&P 500 Total Return Index by more than 300 basis points. For the full reports on these stocks, you can check out TheStreet.com/QuantRatings.
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