C.H. Robinson Worldwide (CHRW) is a Top-Ranked Momentum Stock: Should You Buy?

Company Overview - C.H. Robinson Worldwide Inc. is a third-party logistics company based in Minnesota, providing freight transportation services and logistic solutions across various industries [15]. Investment Insights - C.H. Robinson is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A, indicating a solid performance potential [16]. - The company has a Momentum Style Score of A, with shares increasing by 1.7% over the past four weeks [16]. - Nine analysts have revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate rising by $0.27 to $4.40 per share [16]. - C.H. Robinson has an average earnings surprise of 10.3%, suggesting a strong performance relative to expectations [16]. Recommendation - Given its solid Zacks Rank and top-tier Momentum and VGM Style Scores, C.H. Robinson should be considered for investors' short lists [17].