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Enter Symbol:
 
Anixter International Inc. (AXE) [hlAlert]

Rating:
Accumulate
AXE
up 126.03 %

Anixter International Inc. (AXE) rated Accumulate with price target $36 by CL King

Posted on: Friday,  Jan 30, 2009  1:25 PM ET by CL King

CL King rated Accumulate Anixter International Inc. (NYSE: AXE) on 01/30/2009, when the stock price was $27.08. Since
then, Anixter International Inc. has gained 126.03% as of 12/31/2015's recent price of $61.21.
If you would have followed this CL King's recommendation on AXE, you would have gained 126.03% of your investment in 2526 days.

Anixter International Inc. (Anixter) is engaged in the distribution of communications and electrical wire and cable products and fasteners and other small parts, through Anixter Inc. and its subsidiaries. The Company also supplies original equipment manufacturers (OEMs), in a range of end markets, which use the Company?s products as a component in their end product. The Company operates in three business segments: North America (United States and Canada), Europe and Emerging Markets (Asia Pacific and Latin America). In August 2008, the Company completed the acquisition of QSN Industries, Inc. (QSN) and Quality Screw de Mexico SA (QSM). In September 2008, the Company completed the acquisition of Sofrasar SA (Sofrasar) and partnership interests and shares in Camille Gergen GmbH & Co, KG and Camille Gergen Verwaltungs GmbH (Gergen). In October 2008, the Company completed the acquisition of World Class Wire and Cable Inc. (World Class).

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2009 1:25 PM Buy
None
27.08 36.00
as of 12/31/2009
1 Week up  30.07 %
1 Month up  43.49 %
3 Months up  54.62 %
1 YTD up  129.02 %

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