Why C.H. Robinson (CHRW) Stock Should Grace Your Portfolio

Why C.H. Robinson (CHRW) Stock Should Grace Your Portfolio
This story originally appeared on Zacks

Shares of C.H. Robinson Worldwide CHRW have been performing well of late, gaining 7.3% over the past six months. Evidently, the stock has outperformed its industry’s 3.7% growth in the same time period.

Why C.H. Robinson (CHRW) Stock Should Grace Your Portfolio – Zacks

Zacks Investment ResearchImage Source: Zacks Investment Research

Let’s look into the factors working in favor of this currently Zacks Rank #2 (Buy) stock. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Northward Earnings Estimates: The Zacks Consensus Estimate for current-quarter earnings has been revised 27.5% upward over the past 60 days. For 2022, the consensus mark for earnings has moved 16% north in the same time frame. The favorable estimate revisions reflect brokers’ confidence in the stock.

Given the wealth of information at their disposal, it is in the best…

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