Ritchie Bros Auctioneers (NYSE:RBA)

CAPS Rating: 3 out of 5

An auctioneer of industrial equipment. The Company sells items including trucks and equipment used in the construction, transportation, mining, forestry, petroleum, materials handling, marine and agricultural industries.

Recs

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Player Avatar Renegadecj (26.07) Submitted: 2/1/2008 3:07:04 PM : Outperform Start Price: $14.19 RBA Score: -5.18

Ritchie Bros. is the largest equipment auctioneer in the world. They are growing, and having record breaking auctions each year. In addition, they have added internet access to their auctions, and this is increasing exposure and increasing bidders in each and every auction. They do well in both up and down times, and are fairly recession proof, since they don't have to purchase any inventory, just take a cut off of each sale!

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