This company surpassed Wall Street’s estimates by $0.02 and its shares recently reached a 52-week high. But estimates are rising, which bodes well for the shares.
FleetCor Technologies (FLT)
from The Chartist
FleetCor Technologies (FLT) provides fuel cards and workforce payment products and services in North America, Latin America, Europe, Australia, and New Zealand.
It sells a range of customized fleet and lodging payment programs; and offers card products to purchase fuel, lodging, food, toll, transportation, and related products and services at participating locations. The company sells its products and services directly to businesses, commercial fleets, oil companies, petroleum marketers, and government entities.
It has strategic relationships with oil companies, leasing companies, and petroleum marketers. FleetCor Technologies, Inc. was founded in 1986 and is headquartered in Norcross, Georgia.
Dan Sullivan, The Chartist, www.thechartist.com, 900-942-4278, September 4, 2014