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2 Stocks Goldman Sachs Says You’ll Want on Your Radar
Yahoo Finance· 2025-10-02 09:57
Core Insights - GXO is a leader in warehouse automation, utilizing advanced robotic systems to enhance efficiency and reduce costs [1][2] - The company has a diverse customer base across various sectors, including aerospace, agribusiness, and fashion, with over 1,000 warehouse locations globally [7] - GXO's recent acquisition of Wincanton has strengthened its position in the UK and Ireland, contributing to its growth [8] Company Overview - GXO provides a wide range of supply chain and warehousing services, addressing challenges in efficient goods movement [3] - The company employs approximately 150,000 people and generated $11.7 billion in revenue last year, making it the world's largest pure-play logistics contractor [7] Financial Performance - In Q2 2025, GXO reported revenue of $3.3 billion, a 16% year-over-year increase, with 6% organic growth, the highest in nine quarters [9] - The company signed $307 million in new business during the second quarter, reflecting a 13% increase over the previous year [9] Growth Potential - Analysts note that GXO's organic revenue growth is improving, driven by contract wins and synergies from the Wincanton acquisition [10] - The stock has a Strong Buy consensus rating, with a current price of $52.89 and a one-year price target of $68, indicating a potential upside of 28.5% [10]