XPO Stock – Quick Win: 17.72 % Gain In 14 Days

XPO Stock

XPO Logistics, Inc. was a top stock pick based on predictive algorithm recommended to I Know First subscribers on May 3rd for the 14-Day time horizon. XPO had a signal of 34.34 and a predictability of 0.12. In accordance with the algorithm, the company reported short-term capital gains of 17.72%.

XPO Logistics, Inc. was part of the stock forecast that can be found in the “Top 10 Stocks” Package.

The full Top 10 Stocks forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks picks to long
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XPO quickwin

XPO Logistics, Inc, is a logistics provider of freight transportation services. The Company’s operations consist of three business units: expedited transportation, freight forwarding and freight brokerage. Express-1, Inc  provides time-critical expedited transportation to its customers, through carrier arrangements that assign one truck to a load, with a specified delivery time requirement.

The transportation and logistics company gapped up from below $43 at the open following news  that it has agreed to buy France’s Norbert Dentressangle for $3.53 billion. XPO reports earnings on Monday after the closing bell.

Also, XPO Logistics Inc. investors who liked the company’s biggest acquisition have more to look forward to. The latest purchase, a takeover of French trucking company Norbert Dentressangle SA for $3.53 billion including net debt, will make the manager of cargo shipments a one-stop shop for supply-chain services and allow it to tap into a larger base of multi-national customers, said David Campbell, an analyst at Thompson Davis & Co. The combined company will have about $8.5 billion in revenue, more than triple XPO’s sales last year.

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

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