Breaking News:

FleetCor: The Greatest Company You’ve Never Heard Of

Now watching

Next video starts in : 7 Play

FleetCor: The Greatest Company You’ve Never Heard Of

FleetCor: The Greatest Company You’ve Never Heard Of
Replay video
Up next

Facebook and LinkedIn reports come amid a quarter of big stock moves

Unlock your personal NFL Now stream by signing in to NFL.com

FleetCor: The Greatest Company You’ve Never Heard Of

by TheStreet.com Videos 2:37 mins

Fleetcor issues payment cards (similar to credit or debit cards) to fleet managers who then distribute the cards to drivers to purchase fuel and cover maintenance costs. Despite being one of the best market performers of the last five years, Wall Street research analysts have all but shunned the company since its 2010 IPO. When it was a $23 stock, they said it was 'vastly overvalued.' When it was a $50 stock, 'the risk/reward [was] skewed heavily to the downside.' When it was $100 a share, analysts said, 'It is difficult to understand why any value-conscious investor would still own shares at these levels.' Now at $150, the same pushback remains. Mad Money Research Analyst Jack Mohr has details.

View Comments (0)

Recommended for You