Q: What news/reason for the drop in TFII? Is there any reason to believe the recent decline will continue? Is this a time to reduce one’s position with an eye on buying back later?
Thanks
Dan
Thanks
Dan
5i Research Answer:
TFII reported earnings, and we have posted comments in the Q&A. It is a cyclical stock, so could still be vulnerable in a recession. But unless an investor can perfectly time an exit and re-buy, we would be comfortable staying the course.