5 Best Trucking Stocks to Buy

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1. FedEx Corporation (NYSE:FDX)

Number of Hedge Fund Holders: 70

FedEx Corporation (NYSE:FDX), beyond its well-known express parcel delivery services, also has a substantial trucking operation. FedEx Freight provides LTL shipping services and is a leader in expedited shipping, offering solutions for cargo of various sizes with a fleet that includes a range of truck types to accommodate specific freight needs.

In Q4 2023, hedge fund holdings in FedEx Corporation (NYSE:FDX) increased from 67 to 70, indicating a rise in hedge fund interest. However, the total value of these holdings decreased from approximately $2,947 million in Q3 2023 to about $2,306 million in Q4 2023.

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