Anixter International, Inc. (NYSE:AXE)
The Company is engaged in the distribution of communications and specialty wire and cable products and fasteners and other small parts through Anixter Inc. and its subsidiaries.
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Anixter Intl. Inc. is one of those quite stealthy growers that should be in everyone's portfolio, but never seems to be.
With a massive array of communication and security products in its profit making arsenal and a great management crew, I think this will prove to be a great long term investment.
These shares also currently have an intrinsic value of $70 to $75 per share based on current earnings projections.
So Go Long,
Fool On!!!
Recs
The nuts and bolts Co. of a growth industry
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Highly ranked by top scoring analysts. P/E is 18.49. I believe there will be increasing demand for networking products.
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Used to be an employee of this telecommunications distributor. This company makes conservative moves to make profits and stay ahead of the S&P500.
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