For our Friday Flashback this week we take a quick peek at our Pick of the Month for March 2010.

EXPD was a solid selection with excellent management and fundamentals and good long term growth ahead.  The stock is currently up 2.98% since the recommendation, even after the the market taking a dump the last few days.

The story remains the same and no matter what the market does or where the share price heads for EXPD, the company is a good long term play.

Here is our report from March 2010:

Pick of the Month

Expeditors International of Washington [EXPD]

What the Company Does

Expeditors International of Washington, Inc. (Expeditors International) is engaged in the business of providing global logistics services. The Company offers its customers an international network supporting the movement and positioning of goods. Its services include the consolidation or forwarding of air and ocean freight. In each United States office and in many overseas offices, the Company acts as a customs broker. It also provides additional services, including distribution management, vendor consolidation, cargo insurance, purchase order management and customized logistics information. Airfreight services accounted for approximately 36% of the Company’s consolidated revenues during the year ended December 31, 2008. Ocean freight services accounted for approximately 25% of the Company’s consolidated net revenues in 2008. Customs brokerage and other services accounted for approximately 49% of the Company’s consolidated net revenues during 2008.

History

Expeditors International of Washington, Inc. was founded in 1979 and is based in Seattle, Washington.

The Good

Expeditors International of Washington [EXPD] is our Pick of the Month for March 2010.  The company has a lot going for it and offers its shareholders great value and good growth opportunities as well as exposure to the Asian markets.  The company is extremely well run.  Currently, EXPD has no debt and has over $800 Million in cash on hand.  Over the past decade, EXPD has been highly profitable averaging 20%-plus net margin and has increased revenue more than 10% in each of the last ten years.  Not too many companies can say that, especially after the downturn in the market.  EXPD has plenty of clients and continues to attract new clients annually as the logistics and freight moving industry continues to expand.  While EXPD has generated plenty of success during the last decade, we at The Van Buren Report believe the next ten years can be even better.  How is that you ask?  Well the company has low operating margins which lead to great profitability.  This allows the company to build up cash and run with zero debt.  There are going to be many other opportunities for the company down the road as it is in excellent position to continue growing and once the economy turns around completely we could be looking at a “bonanza” for EXPD.  The company still was solid during the recession but a turn around from the Asian markets would take EXPD to the next level.

The Bad

There is always some risk with a company like EXPD as its exposure to a variety of International markets brings some uncertainty.  The strength of the dollar comes into play here as some of the excellent operating margins EXPD enjoys could take a hit if the U.S. Dollar slides too low.

The Lowdown

This is an easy pick here.  The company is currently trading at good value at around the mid $30 dollar range.  The company has an excellent balance sheet, strong fundamentals, good management and still has the ability to grow as the global recession comes to an end.  This is a great company that has already proved itself during the toughest of times.  A real no brainer!

Company Info

Expeditors International of Washington Inc.

1015 Third Avenue, 12th Floor

Seattle, WA 98104

Phone: 206-674-3400

Fax: 206-674-3459

Web Site: http://www.expd.com

On Monday, May 17th, 2010, we will be releasing our Breakout Stock Pick of the Year.

If you have followed any of our previous breakouts you know this will be huge.

Breakout Stock Picks like Delta Apparel [DLA]; Full House Resorts [FLL]; AgFeed [FEED]; And [AFCE] which shot up over 5% on the first day, have all provided you some nice returns free of charge.

This Monday should be no different as we have found a good company that is ready to breakout in the very near future.

Log on Monday morning [actually Sunday Night it will be posted] to view our Breakout Stock Pick of the Year selection.

Happy Trading!

After Thursdays major dip we found some stocks that were unfairly punished.  While there may be another pullback tomorrow by next week we see a minor rebound in the market and a nice rebound for some blue chippers and small caps whose price decline was only driven by market fear.

Here is a list of 5 stocks that should rebound up 5% within the next 3 days:

PG – Proctor & Gamble Company closed after hours at $60.64;

KO – Coca Cola Company closed at $52.34;

HD – Home Depot $33.25;

WY -  Weyerhaeuser Company $45.00; and

RIG – Transocean Ltd $68.89

Take a look at these big timers for a possible bounce back Friday.