GXO - Bull Market Buys: 3 Outstanding Growth Stocks to Own for the Long Run
2024-06-11 07:45:00 ET
Great stock ideas can be found in all segments of the market. The three companies below are very different, but for their own reasons, they are all great growth stocks. Here's a look at why contract logistics provider GXO Logistics (NYSE: GXO) , Delta Air Lines (NYSE: DAL) , and heating, ventilation, and air conditioning (HVAC) company Carrier Global (NYSE: CARR) are all great stocks to buy for growth investors.
GXO Logistics operates in the e-commerce space, which should enjoy continued long-term growth. GXO offers warehousing, distribution, logistics, and supply chain solutions to a diverse customer base, with no one customer accounting for more than 4% of its revenue.
Its long-term growth drivers are the increasing willingness of blue chip customers to outsource their logistics operations to GXO, freeing up time and resources to focus on their core business.
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Bull Market Buys: 3 Outstanding Growth Stocks to Own for the Long Run