C.H. Robinson Delivers

C.H. Robinson (CHRW) is a provider of multimodal transportation services and logistics solutions that operates around the globe. They are a non-asset based transportation provider. They also provide a wide range of value added logistics services, such as supply chain analysis, freight consolidation, core carrier program management and information reporting. [PostStockWidget stock_valuation="" pricetype="live" manual_date="Dec. 21, 2012, 2:04pm GMT" symbolcodes="'CHRW'" symbolprices="70" div_align="right"]

• We bought CHRW in April 2015 at $65.53. Since then, growth rates on most companies have been reduced and consequently, PE multiples have been declining for most stocks.

• At Purple Chips, we prefer to be defensive and reduce exposure to stocks with high PE multiples (relative to their earnings growth rates) and focus on lower multiple stocks

• Purple Chips valuation range is: Low $60.00, High $70.00

• EXITING CH ROBINSON AT $70.55 (CHRW-US) FULL POSITION

• TOTAL RETURN: +9.5%