Tuesday, March 3, 2015

Top Stock Picks for March: BBRY,BPY, CM, PBA, BB, FRU, PPL, TFI, WJA

We asked our best analysts to share their favourite stocks this month. Here are their picks.

Adam Mancini: Transforce Inc. (TSX:TFI)

Transforce Inc. (TSX:TFI) is a Canada’s largest trucking and logistics company, offering Package & Courier, Less-Than-Truckload, and Truckload services. Transforce has been expanding aggressively through acquisitions, with three major acquisitions in 2014 alone.

With Transforce now taking time to digest its acquisitions—the most recent being the $495 million takeover of rival Contrans Group Inc.—the company has available several catalysts to boost share price. The Contrans acquisition alone is expected to be 17% accretive to EPS once fully integrated. In addition, Transforce is considering spinning off its Truckload segment, so it can focus more on its rapidly growing Package & Courier segment. This spin-off should unlock significant value. (more)

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1 comment:

  1. Good picks! I'm not familiar with TFI but since I'm sure it's seeing the fruit of the several acquisitions it made last year. I'll look into it

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