Citizens launches transportation coverage, names FedEx a top large-cap pick

Industry
โดย Investing.com·Read original
Summary · why it matters

Citizens initiated coverage of the Transportation, Logistics and Services group with twenty-two names, naming FedEx among its top large-cap picks alongside FTAI Aviation, Union Pacific and C.H. Robinson, according to a note from analyst Jeff Kauffman. The firm assigned a mix of Market Outperform and Market Perform ratings with no Market Underperform ratings, citing a projected acceleration of the group's earnings recovery and momentum through late 2027. For mid- and small-cap names, Citizens favors GXO, U-Haul parent UHAL, Knight-Swift, Wabash National and Covenant Logistics, along with a story-specific Market Outperform rating on FTAI Infrastructure. Stocks in the coverage group have generated 33.8% average returns year-to-date in 2026, compared with 20.0% for the Russell 2000 and 10.7% for the S&P 500. Kauffman described the early phase of an economic recovery as one of the best windows of the cycle to own these names, with Citizens forecasting 2.3% real GDP growth in 2026, slowing to 2.1% in 2027, implying low-single-digit growth for rail freight and low-to-mid-single-digit growth for trucking. The firm pointed to six positive PMI readings this year following 38 months of negative readings, calling the current freight cycle one of the longest freight market declines, with the industry now emerging into a new upcycle supported by tight truck capacity and low inventories requiring restocking.

Impact on stocks 10

Industrials▲ · 7 stocks
FedEx Corporation
FDX
▲ PositiveDemandrelevance

Named a top large-cap pick; analyst expects earnings acceleration through late 2027.

CH Robinson Worldwide Inc
CHRW
▲ PositiveDemandrelevance

Named a top large-cap pick by Citizens, citing projected earnings recovery and freight upcycle.

Union Pacific Corporation
UNP
▲ PositiveDemandrelevance

Named a top large-cap pick by Citizens, citing projected acceleration of earnings recovery and freight upcycle.

GXO Logistics Inc
GXO
▲ PositiveDemandrelevance

Named a top mid/small-cap pick by Citizens, citing projected earnings recovery and freight upcycle.

Knight Transportation Inc
KNX
▲ PositiveDemandrelevance

Named a top mid/small-cap pick by Citizens, citing projected earnings recovery and freight upcycle.

Wabash National Corporation
WNC
▲ PositiveDemandrelevance

Named a top mid/small-cap pick by Citizens, citing projected earnings recovery and freight upcycle.

Aerospace & Aviation▲ · 1 stocks
FTAI Aviation Ltd.
FTAI
▲ PositiveDemandrelevance

Named a top large-cap pick; benefits from freight upcycle and tight capacity.

Energy Transition & Power Demand▲ · 1 stocks
Aging Population▲ · 1 stocks
U-Haul Holding Company
UHAL
▲ PositiveDemandrelevance

Named a top mid/small-cap pick by Citizens, citing projected earnings recovery and freight upcycle.

© 2026 MarketDXNews