Purchase Details

Company: XPO Logistics
Ticker:XPO
Yahoo Beta:2.24
Industry:Integrated freight & logistics

Company Description:  XPO provides innovative supply chain solutions to companies globally. The Company operates in two segments: freight transportation and logistics. The freight transportation segment focuses on the transportation of goods from one location to another for its clients. The logistics segment offers unique solutions to improve supply chain efficiency. XPO Logistics offers novel solutions that are both efficient and cost effective for its customers. The Company has a global reach, with locations in North America, Europe, Australia, and Asia. Although there are many competitors in the freight and logistics industry, XPO Logistics is one of six major players.

Purchase Date:02 Feb 2021
Purchase Price:$118.15
  --Split Adjusted:$44.55
Shares Purchased:50
  --Split Adjusted:50
Transaction Fee:$0.00
Price Range (6 Months Prior):    
High$126.89
Date07 Jan 2021
Low$76.25
Date03 Aug 2020
S&P (Purchase Date):$3,841.64

Timing:  We bought toward the top of the six month range.
Reason:  XPO Logistics has differentiated itself from competitors in the industry through various financial initiatives and growth strategies. The key points that we believe to be especially valuable to the company are the following. • Market leader with strong barriers to entry • High-velocity acquisition platform • Strong margins bolstered by economies of scale • Significant value-add from spin-off • Differentiated analytics platform • Extensive share buyback program

Total Spent:   $5,907.50