We recently published an article titled Why These 15 Transportation Stocks Are Skyrocketing So Far in 2025. In this article, we are going to take a look at where Old Dominion Freight Line, Inc. (NASDAQ:ODFL) stands against the other transportation stocks.
Trump’s tariffs threat is making the broader market more volatile, but some stocks in the transportation industry are benefiting from it as frontloading increases and shipping rates surge. Moreover, the past few years have been solid for most types of transportation stocks in the energy industry due to shipping getting more expensive after February 2022 and even more expensive as using the Suez Canal became risky in late 2023.
Obviously, it’s not just energy transportation stocks that stand to benefit. Airline stocks have struggled recently, but as interest rates come down lower, some are already starting to post solid gains. 2025 could be a breakout year for the transportation industry as a whole. As such, it’s worth looking into those that have delivered the most gains so far in 2025.
Methodology
For this article, I screened the top-performing transportation software stocks year-to-date. Stocks that I have covered recently will be excluded from this list.
I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds invest in? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here).
A large fleet of freight trucks travelling down an interstate highway.
Old Dominion Freight Line, Inc. (NASDAQ:ODFL)
Number of Hedge Fund Holders In Q3 2024: 38
Old Dominion Freight Line, Inc. (NASDAQ:ODFL) is a less-than-truckload motor carrier company.
The stock is up significantly so far in 2025 as the Institute for Supply Management’s Purchasing Managers’ Index (PMI) moves into positive territory for the first time in two years and the manufacturing sector shows signs of more growth.
The company’s CEO is optimistic about 2025 under the new administration and Old Dominion Freight Line, Inc. (NASDAQ:ODFL) also exceeded consensus estimates in Q4 2024 with $1.23 in EPS. Revenue did decline year-over-year, but the pricing power has led to a lot of optimism here.
Furthermore, Old Dominion Freight Line, Inc. (NASDAQ:ODFL) increased its dividend by 30% last year.
The consensus price target of $203.33 implies 1.46% downside.
Old Dominion Freight Line, Inc. (NASDAQ:ODFL) stock is up 16.97% year-to-date.
Overall ODFL ranks 9th on our list of the transportation stocks that are skyrocketing so far in 2025. While we acknowledge the potential of ODFL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ODFL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: Why These 15 Hardware Stocks Are Skyrocketing So Far in 2025 and Why These 15 Software Stocks Are Skyrocketing So Far in 2025
Disclosure: None. This article is originally published at Insider Monkey.
