2 Cheap Logistics Stocks to Buy for Long-Term AI Gains

As consumer spending cools, the major logistics stocks seem like easy sells right here, especially if you think an economic recession is afoot. Shares of UPS (UPS) and FedEx (FDX) were dealt a punishing blow last year. And though FDX has been riding higher of late on the back of a solid quarterly report, I think both logistics companies are terrific buys for the long haul. 

When it comes to artificial intelligence (AI) stocks, a shipping company like UPS or FedEx probably doesn't come to mind first. Undoubtedly, generative AI has been all the rage this year. And though AI tech could certainly help to keep customers in the know as their packages are on the move, I think AI - and automation robotics, in particular - is a powerful force that could give logistic firms a sustained margin boost over the course of the next decade.