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Quant Picks: 3 Air Freight and Logistics Companies to Buy

With FedEx planning on buying around 100 Boeing 767 freighter aircraft, are there any other stocks in the air freight and logistics sector worth looking at?

With FedEx planning on buying around 100 Boeing 767 freighter aircraft, we decided to check TheStreet Quant Ratings to see if there are any stocks in the air freight and logistics sector worth looking at. The agreement between the two companies is worth almost $20 billion. FedEx placed an order for 50 new 767 jets, with an option to buy fifty more, at a list price nearly $200 million per plane. U.S. companies spend the equivalent of 8-and-a-half-percent of GDP in the logistics and transportation industry, so as the U.S. economy continues to grow, so will this sector. Here are some of the best air freight and logistics companies TheStreet Quant Ratings says you should consider looking at. Number 4 is FedEx Corporation. With a 'B-' rating, the company's strengths can be seen in its revenue growth and solid stock price performance. 3rd is, United Parcel Service. This rating is also a 'B-.' UPS thrives in its increase in net income and notable return on equity. 2nd is C.H. Robinson Worldwide. With a 'B' rating, the company's strengths can be seen in its revenue growth and increase in net income. Number 1 is Expeditors International of Washington. With an 'A-' rating the company flourishes in its revenue growth and notable return on equity. TheStreet Ratings are algorithmic stock picks based on 32 major data points. S&P 500 stocks rated 'buy' yielded a 16-and-a-half-percent return in 2014, beating the S&P 500 Total Return Index by more than 300 basis points. For the full reports on these stocks, you can check out TheStreet.com/QuantRatings.

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