BMO Maintains Outperform Rating on J.B. Hunt (JBHT)

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is one of the 12 Best Logistics Stocks to Buy According to Hedge Funds. On July 16, BMO Capital maintained an “Outperform” rating on J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) and kept the price target at $172.

The firm pointed to J.B. Hunt Transport Services, Inc.’s (NASDAQ:JBHT) recently announced $100 million cost savings plan as a key reason that reduces risk for the company’s future earnings.

BMO Maintains Outperform Rating on J.B. Hunt (JBHT)

A truck on a highway, its exhausts billowing in the air.

BMO Capital’s analysis suggests that J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is on track to see its earnings surpass $10 per share in the next mid-cycle.

Additionally, BMO noted that J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) set a new quarterly record for share repurchases in the second quarter of 2025, which was seen as evidence of “disciplined capital allocation.”

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) is an American transportation and logistics company that specializes in freight shipping for customers of all sizes, including global supply chains and small businesses.

While we acknowledge the potential of JBHT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than JBHT and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.