UTi Worldwide Inc. (UTIW): Why I’m Buying More Expeditors International of Washington (EXPD)

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I believe that many investors and analysts are still of the opinion that economic growth (and thus growth at Expeditors International of Washington (NASDAQ:EXPD)) will remain anemic for a while yet. Stifel, for instance, downgraded the shares from buy to hold at the beginning of August. Whether that growth remains slow or not, Expeditors is seeing improvement in its business, has taken market share, and seems poised for a recovery. Thus, I’ll be adding to the Messed-Up Expectations portfolio’s position.

The article Why I’m Buying More Expeditors originally appeared on Fool.com and is written by Jim Mueller.

Jim Mueller owns shares of Expeditors International of Washington and Canadian National Railway. The Motley Fool recommends Canadian National Railway and FedEx. The Motley Fool owns shares of Expeditors International of Washington. 

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