Q: Good morning,
Both BYD and TFII seem to be strong compounding industrial 'transportation' stocks that have stalled for awhile. I seem to recall that TFII is expecting a weak Q3/Q4 before beginning to ramp up again. I'd like to get into TFII but am not sure if it's worth waiting for a further drop in 2024.
Could you please give a quick comparison of the two stocks, including which one you think will grow more quickly in the near/long-term, including suggested entry prices?
Thank you!
Both BYD and TFII seem to be strong compounding industrial 'transportation' stocks that have stalled for awhile. I seem to recall that TFII is expecting a weak Q3/Q4 before beginning to ramp up again. I'd like to get into TFII but am not sure if it's worth waiting for a further drop in 2024.
Could you please give a quick comparison of the two stocks, including which one you think will grow more quickly in the near/long-term, including suggested entry prices?
Thank you!
5i Research Answer:
Due to their business mix, we would not really consider them that comparable. TFII is $17B...