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

Toromont graduates

Sometimes growth stocks mature to the point where we feel they’re too conservative for Stock Pickers Digest.
It’s why we will now shifted our coverage of TOROMONT INDUSTRIES LTD. $57.83 (Toronto symbol TIH; TSINetwork Rating: Extra Risk) (416-667-5511; www.toromont.com; Shares outstanding: 78.3 million; Market cap: $4.7 billion; Dividend yield: 1.6%) to The… Read More

Toromont moves up to TSI!

TOROMONT INDUSTRIES LTD. $57 (Toronto symbol TIH; Aggressive Growth Portfolio; Manufacturing & Industry sector; Shares o/s: 81.0 million; Market cap: $4.6 billion; Price-to-sales ratio: 2.0; Dividend yield: 1.6%; TSINetwork Rating: Extra Risk; www.toromont.com) distributes a broad range of industrial equipment, including machinery made by Caterpillar. It also… Read More

Parent and spinoff continue to rise

In June 2011, Toromont spun off its Enerflex business as a separate company. With the spinoff, shareholders received one share of Enerflex for each Toromont share they held.
The separation has let each firm better focus on its core operations. Since the spinoff, Toromont has soared… Read More