Every time I've written about XPO Logistics (XPO),
I've heard from readers who simply do not believe that the company will
succeed in its goal of buying or building its way into a leading spot
in third-party logistics by 2016. Yet, the company continues to post
strong organic growth and negotiate multiple M&A transactions, the
latest being the acquisition of Pacer International (PACR).
Whether
it's the bull market in general or a buy-in from institutional
investors, the shares of XPO Logistics had a good 2013 and sit just
below a 52-week high. Even with that strong performance, they don't
appear to me to be unreasonably valued today.
Read more here:
XPO Logistics Sticking To An Aggressive Growth Plan
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