1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Baron Funds Comments on FleetCor Technologies

November 06, 2013 | About:

FleetCor Technologies, Inc. (NYSE:FLT) provides payment processing services to the vehicle fleet industry. The company issues commercial charge cards that businesses provide to their employees to purchase fuel for company vehicles, and it manages private label fuel card programs for major international oil companies. FleetCor's shares rose during the quarter as the company reported better-than-expected earnings results and raised its forward earnings guidance. The company also announced several large acquisitions in Brazil, which we believe should be accretive to its future earnings.

From Ron Baron's Baron Funds third quarter 2013 report.

Rating: 5.0/5 (1 vote)


Please leave your comment:

GuruFocus has detected 3 Warning Signs with Fleetcor Technologies Inc $FLT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by

User Generated Screeners

TheAccountantVol Screen
boursep - peter lynch4
pbarker46Short % < 2,PE10 <30
nuno.a.pomboEstatiscal Low Priced Stocks
hugHigh Piotroski
hugHigh Piotroski & Low EV/REBITD
pbarker46Shiller USA
BoubaOCF Size 1
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)