Q: Tfii appears to be getting some legs and wonder if it should be bought before earnings date or wait to see if the transport industry is going to get relieve from tarrifs. Also would tax loss selling have an effect on this stock.
Thanks
Rick
Thanks
Rick
5i Research Answer:
With earnings being so close (Oct. 30) we would probably just wait for earnings and then make a decision with more current information when it comes. Tax loss selling could have an impact but the majority of the declines in TFII happend back in February, so we would expect most investors that were going to sell have likely done so at this stage.