Alexander & Baldwin, Inc. (NYSE:ALEX)
CAPS Rating:
The Company operates in five segments in three industries-Transportation, Real Estate, and Agribusiness.
The Company operates in five segments in three industries-Transportation, Real Estate, and Agribusiness.
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Recs
I look at this company as a real estate company with a shipping and agricultural company thrown in for free.
Shipping is doing better than expected as the China trade has come on quicker than expected. I expect this to be a big driver of growth as the expedited service that they will be able to offer should allow for both additional pricing and more volume.
Agriculture could also be a good growth area if ethonol really takes off.