Westway Group, Inc. (WWAY) is a provider of bulk liquid storage and related value-added services and a manufacturer and distributor of liquid animal feed supplements. The Company operates through its subsidiaries Westway Feed Products LLC and Westway Terminal Company LLC. Westway Feed Products is an industry leader in the production of animal feeds including liquid supplements, feed mill liquids, supplement blocks and dried molasses for beef, dairy, horses and other livestock. Westway Terminal Company is a leading provider of independent bulk liquid storage for agricultural products, oils, and chemicals, spanning North America, Asia and Europe. Westway Group, Inc. is based in New Orleans, Louisiana.
Even though individual investors have not discovered this stock Wall Street has with brokerage analysts posting a strong buy and a hold recommendation for their customersSales are estimated to increase by 5.40% this year and another 5.90% next yearEarnings are the real story with a consensus of a 666.70% increase this year, another 69.60% next year and an annual 10.00%+ increase for the next 5 years
Summary: Westway Group (WWAY) is a thinly traded stock that is just starting to get Wall Street coverage by Oppenheimer. This is a speculative holding and should not be considered for conservative investors. If grain related commodities become scarce this stock could post gains
Jim Van Meerten is a Marketocracy Master