Covenant Logistics Group, Inc. (CVLG)

(A Top Pick Jan 26/21, Up 27.2%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CVLG has triggered our stop at $19. To remain disciplined, we recommend covering the position at this time. This will result in an investment return exceeding 27%.

(A Top Pick Jan 26/21, Up 51.5%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CVLG continues to do well. We are now recommending to trail up the stop (from $19) to $11. If triggered, this would all but guarantee an investment return of 27%.

Stockchase Research Editor: Michael O'Reilly CVLG is the quintessential recovery stock. This freight and logistics company took it on the chin during the pandemic. It chose to re-think their strategy; cutting costs and looking for ways to better deploy capital. This impacted the bottom line in 2020, but the benefits are starting to show. Revenue was recently reported flat, despite an 18% smaller fleet. It trades below book value and EPS is expected to grow by over 60% this year. We would buy this with a stop-loss at $11, looking to achieve $24 -- upside of over 50%. Yield 0% (Analysts’ price target is $24.00)