or
Remember me
Back
Like the CSU of trucking, with 90 acquisitions over 10 years. Bad year for trucking last year. Beautiful balance sheet, lots of free cashflow. Once recent acquisition gets rolled in, a home run. Contemplating splitting into two, as less-than-truckload and courier get higher valuations. Needs to be recovery in freight revenue for stock to go higher, but that will happen. Yield of 1.2%.
TFI International (TFII TSX)
Although 2023 was a tough year for the trucking business, this didn’t deter TFI from making significant acquisitions. Its capital-light business model generates lots of free cash flow even in a downturn and management took advantage while others ran into trouble. When the downturn turns to around, TFI will come out even stronger and we think the share price has a serious upside from here.
Receive investor kits and email updates from Stockhouse and directly from these companies.
