Q: Good Morning. Have looking for an entry into TFII. Based on what I have seen analyst are forecasting good earning growth over the next three years and with a current PE below 19, the future prospects seem good. I guess the overhang of a possible recession would put a damper on everything. Any perspective to help me assess risk reward into TFII would be appreciated. 3-5 years time horizon.
Thank you,
Frank
Thank you,
Frank
5i Research Answer:
TFII guided lower earlier this year and essentially said it was in a 'frieght recession'. The...