Norman Levine
Kuehne + Nagel Intl.
KNIN-VX
TOP PICK
Jan 18, 2019
This is the second largest third-party logistics company after DHL. A family owned company for the most part. They have no net debt. They have a high return on equity. It is dependent on world trade, but he sees this as positive in the long run. Yield 4.3% (Analysts’ price target is $147.00)
(Top Pick Apr 24/13, Up 17.50%)They are a logistic company. Virtually no debt. They may approve a special dividend this year. This company grows on a multiple the same as the global economy.
The largest freight forwarder in the world, and is based in Switzerland. This trades in the Pink Sheets, so it effectively is an unofficial ADR. It runs at about Fr.140 a share, so is pretty expensive in US currency. If you don’t mind paying up, you are going to get about a 4% dividend.
Swiss exchange and on the pink sheets in New York. If you believe in growth in global trade then you want to own this one. They have a lot of cash and no debt.
A Swiss company. It is the largest in the logistics industry. Moving and warehousing goods. They are a major beneficiary of global trade. They have net cash after debt. Freight on the seas and rails. (Analysts’ target: 154 Swiss Francs).
Their current drop-off is tied to Trump's anti-trade stance. Currently on sale, for only the third time in 20 years. Has more cash than debt. Attractive dividend of 3.9%. Geared to global trade. (Analysts' price target $164.08)
(A Top Pick July 25/17 Down 5%). This is the biggest logistics company in the world, based in Switzerland. They manage warehousing around the world and could be impacted by the current trade rhetoric.
(A Top Pick Apr 04/18, Down 2%) It's the largest independent global logistics company. Strong balance sheet. They raise their dividend every year. A catalyst with be resolving the US tariff issues.
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