Jan. 28, 2013
/PRNewswire/ -- World Fuel Services Corp. (NYSE: INT
) has been picked by S&P Capital IQ as its Focus Stock of the Week. INT carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy. World Fuel is a leading global provider of petroleum products and logistics services.
"We find World Fuel's business model and growth prospects compelling, as it adds to its segment, geographic, and customer diversity," said
, equity analyst at S&P Capital IQ. "We expect the company to grow both organically and through acquisitions. M&A activity has been a critical component to the company's growth, with World Fuel completing 14 acquisitions since 2000. We think that the downstream energy market, which is highly fragmented with many regional players, provides a potential opportunity for World Fuel to increase its market share. We believe that World Fuel can act as an industry consolidator."
To view a video of Ms. Shafi discussing INT click on the following link.
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