Daily Stock Opinions and Ratings

Opinions

Keith RichardsToromont IndustriesTIH.TODON'T BUYOct 09, 2023

It's been stuck in consolidation for 3 years, failing to break above $110 a few times. If it falls back to $100, it could be worth a trade. Otherwise, he's cool towards it.

Keith Richards

Unknown

Unlock Rating

$110.49

Stock price when the opinion was issued

$237.69

As of Jun 22, 2026. Market Open.

machinery

It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

Get Signals Create your Watchlist

Wealthica Track your Stocks in your Watch List

You might be interested:

COMMENT

The question was on his preference between Toromont or TFI International. Although Toromnt is good he prefers TFI which has been a great stock and huge performer. It has great management which has deployed capital very well and made smart acquisitions. There is more upside.

BUY ON WEAKNESS

Eastern Canada Caterpillar dealer.
Very strong company.
Used to own shares in company.
Valuation full at the moment.
Wait for shares to fall before buying.

Unspecified

There is not great growth in the industry of heavy equipment but it has good management making good acquisitions. It is less exposed to the commodity cycle than Finning. He likes it but doesn't own it.

BUY

It's the time for industrials, from late January into early May. TIH could do well in February. The chart shows higher lows, which is good.

BUY ON WEAKNESS

We're in a recessionary timeframe right now, so companies that provide heavy equipment tend not to do well. Higher recurring revenues from maintenance, so they've been able to hold their own. Refrigeration unit is struggling, but backlog continues to grow. Low $90s a good time to buy.

PAST TOP PICK

(A Top Pick Feb 03/21, Up 58%) Continues to like the name. Fits peanut butter & chocolate play (intersection of industrial and materials business). Will continue to hold.

PAST TOP PICK

(A Top Pick Apr 08/22, Down 13%) Disappointing. Concerns on slowdown of the economy. 40% of revenue comes from maintenance and support, so it's less cyclical than others. Still likes its fundamentals. Good backlog. Should benefit from government infrastructure spend during a slowdown.

TOP PICK

Very difficult to get construction equipment given supply chain disruptions - creating opportunity for business. Back -log at record high with improving margins and strong earnings/revenue. Pristine balance sheet with no debt and net cash. Likely will see company increase M&A activity. Strong management team with good track record of capital allocation.

BUY

Distributes Caterpillar and heavy equipment. It is conservatively managed and financed and has been a perennial out-performer with dividend growth. Some cyclicality but less than producers since they are dealerships. It is asset light so has lower costs.

BUY

Long term investment and owned since 1998. Up 28% YTD, 23% for 5 Years and 16% the last 15 years. Above average growth rates because is oligopoly. Covers most of Eastern Canada. Current assets greater than current liabilities. Great management team and returns continue to grow. Dividend has averaged around 14% growth per year.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company looks pretty good today. The valuation is now down slightly although the fundamentals remain sound. A good buying opportunity. Cash balance has increased and it continues to grow its equity position.EPS is projected to grow quite nicely. Unlock Premium - Try 5i Free

TOP PICK

One of his favourite companies in Canada. Lower risk. Hold it for the long term. A first-class business. The CEO delivers beat after beat, sometimes by a wide margin. Lower risk. Yield is 1.30%. (Analysts’ price target is $112.67)

BUY

Just had a great quarter. The company just keeps chugging. This name keeps getting better. Beat earnings by 20% and 26% up YoY. Backlog is at record levels, and anticipated recovery. Excellent balance sheet with capital ready to deploy for acquisitions. Modelling 21% EPS growth. Trades at 24x. Bought after earnings and you can continue to build positions into this name.

BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The latest earnings were solid with EPS beating estimates by 19% at 58 cents. Sales were $806M. They raised their dividend by 13% and sales also rose the same percentage point. The balance sheet is strong and growth forecasts remain strong. Not cheap at 27x earnings, but looks solid. Unlock Premium - Try 5i Free

Most Recent Experts

Stockchase Insights

5i Research

Brian Acker, CA

Acker Finley Inc.

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

David Burrows

Barometer Capital Management

Jim Cramer - Mad Money

CNBC

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Summer Sale

Keith RichardsToromont IndustriesTIH.TODON'T BUYOct 09, 2023

You might be interested:

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Toromont Industries(TIH.TO)

Latest Buy Signals

Today's Top Picks

Popular Articles

Latest Sell Signals

Most Recent Experts

Stockchase Insights

Brian Acker, CA

The Weekly Buzzing Stocks by Billy Kawasaki

David Burrows

Jim Cramer - Mad Money