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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (30037)5/24/2017 10:08:50 PM
From: Goose94Read Replies (1) of 202700
 
New Flyer Industries (NFI-T) top pick from Brian Madden on BNN.ca Market Call tonite @ 1800ET

New Flyer Industries is North America’s leading manufacturer of public transit buses and luxury motor coaches. Founded in the 1930s, New Flyer has grown rapidly since its initial public offering in 2005. The company has a dominant position in what is now an oligopolistic industry and has proven itself as a capable consolidator via a series of acquisitions. Ninety per cent of their revenue comes from the United States, and much of it flows through municipal transit agencies, who in turn are funded federally and thus may stand to benefit from stepped-up infrastructure funding. With the balance sheet significantly deleveraged after their last acquisition, and with strong sales visibility given a large and growing order backlog, the company may turn its focus to returning capital to shareholders via dividend increases later this year.
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