The Motley Fool recently invited our investing interns to pick a company they have a strong conviction in, then prepare a video presentation laying out their thesis. Brian Wells, who is working with our Hidden Gems service, believes investors should take a closer look at C.H. Robinson Worldwide.
C.H. Robinson Worldwide (NASDAQ:CHRW) is a third-party logistics company that provides freight transportation services and logistics solutions to companies of all sizes in many industries. As a services company, it does not own hard assets, which frees up cash for reinvestment in the business and for dividends.
The third-party logistics industry has grown and seen an increase in competition. In the following video, investment analyst Brian Wells discusses the strength of C.H. Robinson's network effect and why it is a great business.