Markets

See How Swift Transportation Ranks Among Analysts' Top Picks With Strong Buyback Activity

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Shutterstock photo

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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,JBHT,ODFL Relative Performance Chart

SWFT is currently trading down about 1.9% midday Tuesday.

Top Analyst Picks With Strong Stock Buyback Activity »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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JBHT XTN ODFL

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