A study of analyst recommendations at the major brokerages shows that Swift Transportation Co (Symbol: SWFT) is the #28 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.
According to the ETF Finder at ETF Channel, SWFT makes up 2.52% of the SPDR S&P Transportation ETF ( XTN ) which is trading lower by about 0.3% on the day Tuesday.
SWFT operates in the Trucking sector, among companies like J.B. Hunt Transport Services, Inc. ( JBHT ) which is off about 0.3% today, and Old Dominion Freight Line, Inc. ( ODFL ) trading lower by about 0.2%. Below is a three month price history chart comparing the stock performance of SWFT, versus JBHT and ODFL.
SWFT is currently trading down about 1.9% midday Tuesday.