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

up 76.29 %

Anixter International Inc. (AXE) rated Outperform by Morgan Keegan

Posted on: Wednesday,  Sep 2, 2009  8:25 AM ET by Morgan Keegan

Morgan Keegan rated Outperform Anixter International Inc. (NYSE: AXE) on 09/02/2009, when the stock price was $34.72. Since
then, Anixter International Inc. has gained 76.30% as of 12/31/2015's recent price of $61.21.
If you would have followed this Morgan Keegan's recommendation on AXE, you would have gained 76.29% of your investment in 2311 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).

Since Morgan Keegan's founding 38 years ago, quality investment research has been a hallmark of the firm. Over the years, we have built our reputation by focusing on companies that have gone unnoticed by Wall Street. Today, our staff of senior equity analysts tracks more than 250 companies concentrated in ten industry sectors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/2/2009 8:25 AM Buy
as of 12/31/2009
1 Week up  30.07 %
1 Month up  43.49 %
3 Months up  54.62 %
1 YTD up  78.62 %

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