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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (9635)8/13/2015 7:35:58 AM
From: Goose94Read Replies (1) of 202883
 
New Flyer Industries (NFI-T) top pick from Fabrice Taylor on BNN.ca Market Call Wednesday August 12th @ 1300ET

New Flyer has the biggest share of the municipal bus market. The North American industry has consolidated from five big players to three since the last recession. New Flyer also has a robust after-market replacement parts business. The stock yields 3.3 percent but I believe that as business continues to pick up and margins improve, a dividend increase is quite possible. Marco Polo, a Brazilian bus manufacturer, acquired a substantial stake in New Flyer a few years ago and this adds something of a takeover premium to the share price.
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