Con-way, Inc. (NYSE:CNW)
The Company provides transportation, logistics and supply-chain management services for a wide range of manufacturing, industrial and retail customers.
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Trucking demand will pick up next 6-12 months
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I love his music. Not the best looking guy, but he sure could sing those songs to make the girls hearts go pitter patter. Jeff Bates does a pretty good Conway rendition at his concerts. I highly recommend him for current Conway type music.
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1yr earnings estimate
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The current price is undervalued.
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You can see their trucks all over the place,that makes me have good reasons to think this.
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This company has LTL Friight, Truck load Freight, and Warehouseing, They deliver in and out of Canada,Mexico, Also have started in China.
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Great management, good diversity. Should start raising to be the leader in the transportation industry over the next 5-7 years.
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Overvalued compared to industry.
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Obama Stimulus Play
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As market adjusts I think CNW may drop in market share. Long term (4 to 5 years) may be a good hold though.
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A recessions a coming this summer and high oil prices are not going away since the falling dollar is to blame, and continued inflation is not going to bring the value of the dollar up any time soon. Burnanke was not helping this country by bailing out the crust of American society. Also, Bush's stimulus package didn't help the upward inflationary pressure that is killing this countries middle class. Sorry about my rant but anyway my point is to sell trucking since rail is about to take over from the high price of fuel.
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NOT TO MUCH GROWTH EXCPECTED HERE.
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The company that I work for uses conway to ship large freight. They're a winner with the company. I hope they're a winner here also.
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They purchased Contract Freighters, Inc (CFI).
They have been awarded the DTCI contract to provide transportation for DoD.
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NEW M* 5* Value Pick! Low P/E in an underappreciated industry. Market will correct itself providing gains!
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Even with high fuel costs, this company is performing. It's logistics arm, Menloworldwide, is continually outperforming and adding significant revenue.
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BETA<1, P/EG<1, P/E<10
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ya gotta love itt
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This stock is at the bottom based on it's valuation Next Earnings Date: 29-Jan-07 estimated earnings 0.75 I believe this stock will beat this estimate.
Price target 53$
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