New businesses enhance their prospects

The shares of Finning and Toromont have moved down lately in response to lower commodity prices. However, recent acquisitions put both companies in a strong position to expand their earnings when commodity prices rebound.
FINNING INTERNATIONAL INC. $25 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing & Industry… Read More

Heavy-equipment dealers see higher demand

These two distributors of Caterpillar heavy equipment continue to see strong cyclical demand for their products. That has pushed up their share prices, but these stocks are still attractive in relation to their projected earnings.
FINNING INTERNATIONAL INC. $32 (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing &… Read More

Updating Finning International Inc.

FINNING INTERNATIONAL INC. $32 (Toronto symbol FTT; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 168.2 million; Market cap: $5.4 billion; Dividend yield: 2.5%; Dividend Sustainability Rating: Above Average; www.finning.com) sells and services Caterpillar-brand heavy equipment in Canada, South America and the U.K.
Finning increased its quarterly dividend… Read More

These three will overcome tariff threats

Finning and Linamar have businesses—and customers—in many countries outside of Canada, which helps reduce their exposure to any brewing trade war between this country and the U.S. As well, Toromont both operates and sells mainly within Canada, which helps shield it from any potential new… Read More