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Strategies & Market Trends : Dino's Bar & Grill

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From: Goose94	6/29/2020 3:58:49 PM
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TFI Int'l (TFII-T) top pick from Michael Sprung on BNN.ca Market Call Monday 29th 2020 TFI International is a diversified transportation and logistics company. It is the largest trucking company in Canada and the fourth largest truck for hire in North America. In the current environment, TFI has reduced capital expenditures and implemented other cost controls. The firm has a strong balance sheet. It is in a good position to take advantage of M&A opportunities. Even in this depressed market, we anticipate that TFI will remain cash flow positive in this fiscal year. At current levels, the stock has a yield of 2.3 per cent and it is well priced to benefit from improvements in economic conditions.

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