CH Robinson (CHRW) Touches Fresh Record on Double-Digit Profit Gain, Bullish Outlook

We recently published 10 Stocks with Outstanding Gains; 9 on Record Highs. CH Robinson Worldwide, Inc. (NASDAQ:CHRW) is one of the best-performing stocks on Thursday.

CH Robinson surged to a fresh record high on Thursday, as investor sentiment was bolstered by a double-digit surge in net profits and a higher growth outlook for full-year 2026.

At intra-day trading, the stock soared to its highest price of $158.70 before paring gains to end the day just up by 19.71 percent at $154.88 apiece.

In an updated report, CH Robinson Worldwide, Inc. (NASDAQ:CHRW) said that it was able to grow its net income by 68 percent to $163 million from $97 million in the same period last year, on the back of a higher operating income due to a decrease in operating expenses.

Revenues, on the other hand, dropped by 10.9 percent to $4.1 billion from $4.6 billion year-on-year, primarily due to lower pricing in both truckload and ocean services, coupled with a decline in the latter’s volume, as well as the divestment of its Europe Surface Transportation business.

Looking ahead, CH Robinson Worldwide, Inc. (NASDAQ:CHRW) said it is targeting a higher operating income of $965 million to $1.04 billion for full-year 2026, amid confidence about its business strategy and execution, as well as runway for improvement.

While we acknowledge the potential of CHRW 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 extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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