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Top Stock #5 – C. H. Robinson Worldwide (CHRW)
C. H. Robinson Worldwide (CHRW) is a specialized shipping stock tailor-made for the recovery, as
I mentioned in my profile of this stock last month.In addition to having lower overhead costs from being a third-party provider without its own fleet to run, this company is poised to ramp up shipping
in a hurry as factories place new orders and rebuild their inventories in the coming months.The company recently bought out two produce companies in Boca Raton, Florida — Rosemont Farms Corp., a produce marketing company, and Quality
Logistics, a produce transportation provider.This latest acquisition just goes to show that CHRW is continuously investing in its growth and exploring new opportunities to expand its network.
In the produce arena, CHRW works with popular consumer brands, including Mott’s, Welch’s and Tropicana. Both Rosemont Farms and Quality Logistics
are well-reputed in the produce industry, and will help CHRW take its business to the next level.Get Louis Navellier’s Specific Buy Advice Online Now!
Get Louis Navellier’s latest updates and Buy Below prices on his Top 5 Stocks for October by accepting a six-month, risk-free trial to Blue
Chip Growth. Get details on how to join at half-price here.Here now are 20 stocks to avoid. If you own these losers, sell them now.
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