Logistics Stock Looks Solid Despite AI Disruption Buzz

Finviz2026/03/06 18:03

By:Finviz

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Subscribers to Schaeffer's Weekend Trader options recommendation service received this CHRW commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why is one of our most popular options trading services.

Logistics stock C.H. Robinson Worldwide (NASDAQ:CHRW) held its 50-day moving average and +10% year-to-date level, even amid AI disruption headlines of a logistics app developed overnight. The shares are still clear of their 200-unit trendline on their 65-minute chart, an area that acts as a solid pivot level.

The stock is also above its previous earnings report closing price, and this could spark a rally back to late 2025 highs.

In the options pits, put support is stepping up at the 175 strike.

Our April call has a leverage ratio of 8.7 and will double on a 12.3% rise in the underlying equity.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Logistics Stock Looks Solid Despite AI Disruption Buzz

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