Q: Hi Peter,
We have TFII and WSP as equal weighted stocks. Is there enough difference between the two to retain both stocks in our RRSP's? If we were to consolidate, which stock would be preferred?
Thank you
Debbie and Jerry
We have TFII and WSP as equal weighted stocks. Is there enough difference between the two to retain both stocks in our RRSP's? If we were to consolidate, which stock would be preferred?
Thank you
Debbie and Jerry
5i Research Answer:
We like both, but with WSP's large backlog it is likely a little bit safer if we do enter a recession, so we would side with it if just one. However they are quite different and we think it is fine if both are owned.