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TSE:TRI

Thomson Reuters Corp (TRI.TO)

113.95
+2.93 (2.64%)
as of Jun 19, 2026, 8:00:00 pm Market Open.
143 watching
0
BUY ON WEAKNESS
It is not overvalued but it is not great value. Markets are going to be choppy and probably will give you an opportunity later. Would wait for an entry point in the lower $80's
DON'T BUY
They sold a big part of their financial side last year, so they have a lot of cash. They increased their dividend. Otherwise, how will they deploy this capital? It can't only be share buybacks. They dominate in legal, accounting and finance, though the latter had depressed margins for a long time as they competed with Bloomberg. Maybe with their new partners, they will do better in the finance side. The stock has recovered too fast for him, so he'd wait.
DON'T BUY
It had a meteoric move. Speculative name at these levels. He likes the name and he got out at around 62. Maybe there is something there that he doesn't see. A quality name but he wouldn't be adding here.
HOLD
They liquidated half their business. They made a large stock buyback and that helped the stock price. It is a dividend play and he holds it just for that. The excitement is over.
DON'T BUY
Sold it 4 months ago as they re-positioned. They've bought back shares. Longer-term, it's low-growth. He needs to see a serious dividend increase to get back in.
HOLD
This company has gone through a lot of changes. A good business, but trades at very expensive multiples. He would diversify into something more reasonably priced.
PAST TOP PICK

(Past Top Pick Nov. 3, 2017, Up 9%) Cheap compared to its peers. Trading at a 4-year low. Liked its dividend growth, earnings prospects and share buybacks. They sold their financial risk business. They have $9-10 billion cash to deploy to add to their segments. He's been trimming this, because there are better names out there given the downturn, but TRI is still fine.

SELL

It's been in a tight range and enjoyed a pop today with news about share buybacks, but he'd still be cautious with it. Trade it at $60.

BUY

They did M&A that did not add shareholder value until now. They sold half their business to Blackstone. It will be busy for the next couple of years as they deal with stranded corporate costs. Their tax business should improve over time from the mid single digits.

DON'T BUY

Always thought this was pricey at 50x forward earnings. He's wary. We're in a skittish market and this may have more downside. Don't rush into the current peak price.

DON'T BUY

It is a good entry point where the stock has pulled back to 2.5 times book, which has been a bottom. Analysts are forecasting quite a drop in earnings, though. The shareholders are going to have to see through a weak year.

WATCH

They have an outstanding CEO. The deal with Blackstone at 11.5 EBIDTA was expensive. Long term it will be a volatile stock (especially for the next few months) with the company going through transition. At these prices it is getting more interesting. Yield 3.4%.

DON'T BUY

Hasn't done much in 10 years, though pays a steady dividend. Needs something to get it going. Not excited by it.

DON'T BUY

The stock popped and then gave it right back. He’d like to see the dividend hiked but that would be a signal they could not grow any more.

TOP PICK

Just pulled back because of near-term concerns on upcoming European regulations, but believes that will ultimately create a tailwind as clients need to adapt a system to manage these new regulations. Trading at a 4-year low. He models a 6% EPS growth. They have an active Buy-back. Good balance sheet. Dividend yield of 3.1%. (Analysts’ Price Target is $49.)

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