12 Worst Depressed Stocks To Buy Now

3. Saia, Inc. (NASDAQ:SAIA)

52 Week Range: 345.77 – 624.55

Current Share Price: $349.29

Analyst Upside Potential: 53.17%

1-Year Performance: -37.63%

Number of Hedge Fund Holders: 31 

Saia, Inc. (NASDAQ:SAIA) is another less-than-truckload trucking company specializing in freight transportation services. It provides regional and national services for shipments between 100 and 10,000 pounds, including time-definite and expedited options.

On March 6, Benchmark Co. analyst Christopher Kuhn maintained a Buy rating on the stock with a price target of $560. The analyst noted that the company has shown robust growth in its less-than-truckload segment, supported by strategic terminal openings and an improved business mix. This growth is reflected in better-than-expected increases in tonnage per workday during January and February 2025. Moreover, despite challenges in the freight environment, Saia, Inc. (NASDAQ:SAIA) has effectively enhanced its service offerings and optimized operations. It has also successfully increased shipments and weight per shipment, contributing to overall revenue growth. However, the challenges in the freight environment have led to a price drop of over 37% during the past 12 months resulting in the stock trading close to its 52-week low. It is one of the worst depressed stocks to buy now.