C.H. Robinson Worldwide: Productivity Gains Not Enough To Offset Revenue Decline

Following my coverage on C.H. Robinson Worldwide ( CHRW ), which I recommended a hold rating previously as I don't think the 22x forward P/E multiple makes sense given the lack of clarity into whenI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies wit ...