Their rising backlogs cut your risk

The re-opening of the economy is spurring strong demand for heavy equipment from these two Caterpillar dealers. Their strong order backlogs also help cut any short-term risk new COVID-19 variants may pose.
FINNING INTERNATIONAL INC. $33 is a buy. The company’s (Toronto symbol FTT; Conservative Growth Portfolio, Manufacturing… Read More

Earnings rose 64.5% at Toromont Industries

Earnings rose 64.5% at Toromont Industries

This company’s shares hit a new all-time high of $111 in May 2021 as the spread of COVID-19 slowed and construction and mining firms began to accelerate their projects. The stock will likely keep moving higher as governments in Ontario and Quebec undertake new infrastructure… Read More

Re-opening spurs Toromont

TOROMONT INDUSTRIES LTD. $106 is a buy. The company (Toronto symbol TIH; Aggressive Growth Portfolio; Manufacturing & Industry sector; Shares outstanding: 82.5 million; Market cap: $8.7 billion; Price-to-sales ratio: 2.3; Dividend yield: 1.3%; TSINetwork Rating: Extra Risk; www.toromont.com) distributes a broad range of industrial equipment… Read More

Use these key updates to build your returns

WYNDHAM HOTELS & RESORTS INC. $71 remains a buy. The company (New York symbol WH; Cyclical-Growth Portfolio, Consumer sector; Shares outstanding: 93.4 million; Market cap: $6.6 billion; Dividend yield: 0.9%; Dividend Sustainability Rating: Average, www.wyndhamhotels.com) is a hotel franchiser with 8,900 hotels (796,000 rooms) in… Read More

Rising backlog a plus for Toromont

TOROMONT INDUSTRIES LTD. $92 is a buy. The company (Toronto symbol TIH; Aggressive Growth Portfolio; Manufacturing & Industry sector; Shares outstanding: 82.5 million; Market cap: $7.6 billion; Price-to-sales ratio: 2.2; Dividend yield: 1.3%; TSINetwork Rating: Extra Risk; www.toromont.com) distributes a range of industrial equipment, including Caterpillar machinery, in… Read More

Toromont’s rising backlog is a plus

TOROMONT INDUSTRIES LTD. $93 is a buy. The company (Toronto symbol TIH; High-Growth Dividend Payer Portfolio; Manufacturing & Industry sector; Shares outstanding: 82.3 million; Market cap: $7.7 billion; Dividend yield: 1.3%; Dividend Sustainability Rating: Above Average; www.toromont.com) distributes a range of industrial equipment, including Caterpillar machinery, in eastern Canada… Read More