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Enter Symbol:
 
Ryder System, Inc. (R) [hlAlert]

Rating:
Strong Buy
R
up 37.11 %

Ryder System, Inc. (R) rated Strong Buy by Raymond James

Posted on: Friday,  Mar 22, 2013  8:25 AM ET by Raymond James

Raymond James rated Strong Buy Ryder System, Inc. (NYSE: R) on 03/22/2013, when the stock price was $59.31.
Since then, Ryder System, Inc. has gained 37.11% as of 01/13/2016's recent price of $81.32.
If you would have followed this Raymond James's recommendation on R, you would have gained 37.11% of your investment in 1027 days.

Ryder System, Inc. (Ryder) is a provider of transportation and supply chain management solutions. The Company operates in three segments: Fleet Management Solutions (FMS), which provides full-service leasing, contract maintenance, contract-related maintenance and commercial rental of trucks, tractors and trailers to customers principally in the United States, Canada and the United Kingdom; Supply Chain Solutions (SCS), which provides supply chain solutions, including distribution and transportation services throughout North America, and in Europe, South America and Asia, and Dedicated Contract Carriage (DCC), which provides vehicles and drivers as part of a dedicated transportation solution in the United States. On February 2, 2009, it acquired the assets of Edart Leasing LLC (Edart), which included Edart?s fleet of approximately 1,600 vehicles.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/22/2013 8:25 AM Buy
None
59.31
as of 12/13/2013
1 Week down  -1.54 %
1 Month up  2.57 %
3 Months up  13.84 %
1 YTD up  14.12 %

(*) Stock Price at the time of the recommendation.
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