Investment Thesis
C.H. Robinson (CHRW) shares have recovered nicely since reaching a multi-year low of 56.94 back in March and are currently above where they traded at the end of 2019. As seen in the six-month price performance below, C.H. Robinson has vastly outperformed the transportation sector as a whole, which has notably been dragged down by the airlines. While some of this outperformance is no doubt related to C.H. Robinson’s resilience in providing essential goods during the pandemic, the share price optimism does not bake in the risk of continued margin pressure