Q: The share price has been drifting down since early 2022 and is now just above a 2.5 year low. Sales growth has been ok but EPS has been drifting down. I bought it around $50 and am becoming impatient with it. Is there another stock in the same industry you would recommend as a substitute?
5i Research Answer:
GDI's EPS is expected to improve over the next two years but its small size and debt may be holding it back. We would suggest WSP or TFII within the sector.