Logistics companies have three push forces acting in their favour, one is the economic growth of the country, second is the demand coming from rising share of e-commerce companies and the third is the impact of state elections. The side effect of elections is the increase in the amount of money being spent which again catalysis the economic activity. Though sporadically even inflation numbers have seen a spike around election time.
A number of logistics companies have made readjustments to meet challenges which some of the new age logistics platform companies have brought on the table in the last three years. Some demerged their business which focused on e-commerce business, while others decided to focus on their core large logistic operations.
The hit which some of the logistics companies had to take in their margins is now behind them. This has led to companies coming back in the radar of analysts with favorable ratings.
The list comprises companies with a target upside potential of 42 percent from the Logistics sector. The stocks collated with data from the latest Stock Reports Plus report dated July 17th, 2023. The list also contains a count of analysts evaluating each consumer discretionary sector stock for the one year.
For the purpose of this report, the stock must have an overall rating of either a “Strong Buy”, or a “Buy” or a “Hold”. The list has then been sorted with the highest potential stock coming on the top of the list.
