This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.
"Technically speaking, World Fuel Services (NYSE: INT) is a stock that has shown incredible strength by outperforming the broad market," says Bernie Schaeffer, who chooses the issue as his top pick for 2009.
In his top-notch trading and investing service, Schaeffer's Investment Research, he looks at the company, which provides fueling services to marine vessels in some 1,000 seaports.
"The company estimates it holds more than 10% of the global marine fuels market. It also provides 24-hour fueling service to aircraft at 1,500 airports in more than 160 countries.
"Its aviation fueling business focuses on serving small to medium-sized air carriers, cargo and charter carriers, and private aircraft. World Fuel Services also markets fuel and related services to petroleum distributors operating in the land transportation market.
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