Ole_CNX
I have a bullish view of Expeditors (NYSE:EXPD), anchored on their phenomenal returns on equity and strengthened recently by the persistent undervaluation of the stock relative to the market. While the S&P 500 trades at a PE multiple
Expeditors: An Under-The-Radar Compounder
Summary
- I am bullish on Expeditors due to its consistently high ROE, achieved without debt and supported by a strong cash position.
- The company’s asset-light model and unique compensation structure drive superior capital allocation and operational excellence.
- Despite strong fundamentals, the stock trades at a significant discount to the S&P 500, presenting an attractive entry point.
- Ongoing share repurchases and renewed revenue growth in 2024 further strengthen the long-term investment case for EXPD.
Striving to compound knowledge. Long-time fan of Warren and Charlie. Always invert. "To finish first, you must first finish". Investing own and family funds for +20 years. Senior finance roles at public and private corporations for most of that time.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of EXPD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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