Q: I own CAT anticipating a growth in sales in 2024 due to infrastructure spending in the US. I also own TIH as my industrial exposure in Canada. Does it make sense to hold both or are they too similar? If I decide to change TaiH to another industrial holding in Canada, what would be your preferred options to consider? I already own CP and TFII for my other industrial exposures.
5i Research Answer:
We think both are fine, but we would agree they are fairly similar and we do not think both need to be owned. We would suggest ATS or WSP in Canada.