SOURCE: Equity Leader Inc.

May 17, 2012 09:00 ET

Conditions of Growth, Economic Analysis - Research Report on Anixter International Inc. and HollyFrontier Corp

HONG KONG--(Marketwire - May 17, 2012) - Today, introduced research coverage of Anixter International Inc. (NYSE: AXE) and HollyFrontier Corp (NYSE: HFC). Full research reports are available to readers at:

Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.

Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.

Equity Leader has decided to cover Anixter International Inc. for its current position within the services industry. Anixter International Inc. is engaged in the distribution of communications and security products, electrical wire and cable products, fasteners and small parts through Anixter Inc. and its subsidiaries (collectively Anixter). During the year ended December 30, 2011, 52.8% of the Company's sales were to the enterprise cabling and security market, 31. A copy of this report detailing Anixter International Inc. (NYSE: AXE) is available at:

Equity Leader is also taking note of HollyFrontier Corp for its changing role within the basic materials industry. HollyFrontier Corporation (HollyFrontier), formerly Holly Corporation, is a petroleum refiner, which produces light products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. HollyFrontier operates in two segments: Refining and Holly Energy Partners, L.P. (HEP). To download free research on HollyFrontier Corp (NYSE: HFC) investors may visit:

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