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Top Stock #2 – C.H. Robinson Worldwide (CHRW)
A leading third-party logistics provider, C.H. Robinson Worldwide (CHRW) arranges freight transportation
on trucks, trains, ships and airplanes that belong to other companies. This allows the company to handle about 6.5 million shipments per year without
the massive overhead a fleet of trucks and deliverymen would create. As a result of this streamlined business model, the stock has been able to stay
firm even during lean times.Due to the weak global economy, the company’s services are now more important than ever since it can often provide a better deal than Federal Express,
UPS and other more established carriers. Other shippers are eager to fill the extra space on their trucks or planes, and CHRW is happy to oblige.Shipping and freight companies are quite accurate indicators of economic growth. As businesses rebuild inventories and consumers start buying more,
goods move around the world faster and shipping traffic ramps up. CHRW will be one of the very first companies to break out when the recovery takes
shape because of its unique position at the top of the food chain — or rather, freight chain.Our total return in CHRW since adding it to our Blue Chip Growth Buy List is over 29%.
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