Even the fastest horses have their day
Even the fastest horses have their day

Investors in Expeditors International will have done well to ignore broker advice over the past few years.

The US West Coast forwarder – currently trading close to an all-time high of $94 –  has been a “SELL” for most analysts for the past three years, yet its stock rarely dips below the consensus target price ($91.3). Meanwhile, stamping on it a fair value above $70, according to Premium calculations, still requires some creative thinking.

The stock is clearly propped up by broader market strength but it ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £13.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.