TFI International Inc (TFII.TO)

Transportation Sector. Loves the sector a lot. They bought 3 other companies. Likes this one a lot and thinks it is going higher. Alternatively you could get FDX-N in the US.

(A Top Pick Feb 5/14. Up 25.99%.) Had a very lousy 1^st and 2^nd quarter in 2014. The ice storm really affected their business. With Canada Post possibly dropping out next year, this will have a bigger market share. He plans to hold this one for a long time.

Have developed a pretty solid track record for showing they can identify good acquisitions and integrating them. Because of that it has a very good growth profile. Has been looking at this. Looking out to 2015-2016, he feels fairly confident they can keep a pretty good growth profile. The stock is not that expensive in that context. A good candidate to own for 2-3 years. 2% dividend yield.

(Top Pick Oct 30/13, Up 31.16%) They are good at acquiring businesses and keep the business going. They got into waste management also. Going forward they need to reduce their debt. They need to use the free cash flow to pay down debt.

Recently made a big acquisition. They are basically consolidating the industry, which he is very supportive of.

Trucking, but diversified into shipping, packaging, waste hauling and waste management. Just made an acquisition. Chart goes straight up. Lovely numbers from FedEx the other day and no reason this one should not follow suit. There is a bit of a trading opportunity right here.

Ranks barely in the top quarter of his Quant model. Year over year earnings growth were up 27% in the coming quarter. 15.6X PE against the 21% earnings growth. Assuming that the economic outlook for 2015 continues to be robust, this looks like a reasonable bet.

Thinks the current pullback is viable. You are getting a little more economic sensitivity, but you have a higher ability to grow the dividend. Management is very acquisitive and putting together a very good portfolio. Good management team. If the economy continues to grow, this company should do well.

Doesn’t see a dividend increase. Moved money to rail operators in the US east. Struggle with energy business. Want to grow by acquisition. Doesn’t see capital appreciation potential.

This still has room to grow. Had a bit of a pull back and this is a good buying opportunity. Well-run.

They came up with horrible earnings a month ago. They picked up Clark and Vitran. It was weather related. They are bullish on what they are doing. He would be a buyer. Load up the trunk.

Quickly becoming a monopoly trucker in Canada. What he really likes is their packaging and courier business, especially if Canada Post decides not to deliver packages. Retail through the Internet could be a tremendous opportunity for them. Generates a lot of free cash and there is lots of insider ownership. Thinks this is a $30 stock in a year’s time. Yield of 2.45%.

4 segments to this business. Packaging/Courier, less than truckload, specialized services, which includes energy and waste management. CEO is expecting a pretty much flat environment on the top line. Third-quarter revenue came in later than was anticipated. He is choosing this because of their operations, the way in which management goes out there, buys companies, and consolidates and integrates them. They have the ability to unload unnecessary assets and drive the cash flows into more strategic acquisitions. Yield of 2.73%.

Transportation sector has seasonality and starts around Oct 10th. Peaks out a little bit in November, and then once again runs into the springtime. Technically this one is looking really good right now. It is in a positive trend.

(Top Pick Oct 17/12, Up 28.11%) Results were a little lumpy last quarter and the quarter before that was devastating. They had trouble with trucking and courier areas and some short term headwinds coming but he will still hold it. Acquired VTZ.