New Flyer Industries Inc. (NFI.TO)

Probably caught up in the tariff war and increased input costs. They have a significant back log of orders. Q3 is generally their weakest quarter. Low $40 range would be a good time to start a position. They don’t have a lot of competition.

Bought it a long ago and took some profits earlier this year. Because the stock price has since fallen, it's now a good time to enter this stock. They're the biggest coach and bus maker in North America. They service the after-market. Their book-to-bill is good. He expects good things to come from this company. (Price target: $63.33)

(Past Top Pick Nov.1, 2017, Down 19%) It's struggled this year, because of NAFTA concerns with worries of rising costs, and a decrease in bus orders. It's not at bargain levels now nor deeply undervalued, but is an attractive entry point. He continues to add to his position, but is slightly less optimistic about NFI now.

A bus maker in Winnipeg. Tariffs likely hit this stock with increased input costs. From valuation, it is still attractive. He would like it to form a base before he looks at it. The other concern is whether the economy will continue to grow over the next year or two.

Their end markets aren't growing that quickly. They've made some acqusitions (buses and coaches) and are driven by cities ordering new buses. They're positioned in the U.S., so NAFTA's signing may have lifted an overhang. Valuation is okay, but not great. Nothing to compel her to own it.

A very frustrating stock. One of the names that should have benefited from the NAFTA agreement. A company that is growing. They are doing all the right things. They will build like 11,000 buses in the next couple of years. Great balance sheet. Trading at 13 times earnings. They are certainly not selling and if you are not on it, might be a good time to pick it away.

They have some facilities in the U.S., so he's not sure if NAFTA impacted them. TheIR shares have gotten too pricey, peaking at 23x PE. He prefers other spaces like auto parts.

This company seems to be the whipping boy for NAFTA. They have US plants unlike their competitors. This is an advantage for them. They have gotten great awards. She likes the Management. She is just not adding to it. She would wait. Too much volatility.

They dominate the luxury coach market with contracts in most major North American cities. He used to own them. Sold them because their ROE was in the high-teens, and wasn't good enough. It's not a bad company at all. A conservative growth play--there'll always be demand for buses.

He has been watching this bus manufacturer, hoping their EPS would climb back to $3. There is a good order backlog, but he is not sure if it is rising faster than their ability to produce. They have been doing building outside of Canada and he likes the diversification into the US.

Their quarters are fine and they are announcing new contracts so why is it languishing? It is the trade talks, even though they have operations in the US. The underlying fundamentals in the industry remain strong. Sit and wait it out and get some resolution with NAFTA. If you are waiting to buy, wait until NAFTA is resolved.

They just got new contracts. Long term holding. A cash flow machine. They have modernized over the years. Decent yield. The tariff issue affects only 3 percent of the cost of manufacturing on their buses. The order backlog is very solid. Trading at 13-14 next year earnings. (Analysts’ price target is $65.57)