
TSE:FTT
This summary was created by AI, based on 4 opinions in the last 12 months.
Finning International, symbol FTT-T, has garnered mixed reviews from experts assessing its potential as a stable investment in the industrial sector. While some view it as a great distributor of Caterpillar products and note its past performance, concerns exist due to uncertainties surrounding infrastructure and energy in Canada. The stock's recent upward trend to $78 has raised caution among analysts, with warnings of possible corrections if it cannot maintain its current level. However, there is optimism about the equipment dealership market and the potential for growth driven by mining and global economic expansion over the next few years. Overall, the industrial sector is believed to be entering a favorable phase, reinforcing the case for long-term investment in companies like Finning, albeit at more attractive price points.
The market cycle model is essentially the business cycle with its 5 different phases. Phases 4 and 5 are the contraction phases, when you typically see the stock market coming under pressure. Phases 1, 2, and 3 are the expansion phases and they typically last a year.
His team believes that last year was phase 1, so now we're in phase 2. This matters because industrials typically do well in phase 2. They're bullish on industrials generally.
Q3 miss due to softness in Western Canada. Capital discipline. Copper activity has been pretty solid, but Trump means there's not going to be as much thirst to go green. Pricing power, but that's over for now. Doesn't see a lot of growth over next couple of years.
Good over the long term. If it's in your non-registered account, don't sell. Easier ways to make $$ over the next 12 months.
Finning Int is a Canadian stock, trading under the symbol FTT.TO (previously FTT-T on Stockchase) on the Toronto Stock Exchange (FTT-CT). It is usually referred to as TSX:FTT or FTT.TO
In the last year, 3 stock analysts issued a Buy, Sell, or Hold rating on FTT.TO (previously FTT-T on Stockchase). 2 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is DON'T BUY. Read the latest stock experts' ratings for Finning Int.
Finning Int was recommended as a Top Pick by Christine Poole on 2024-06-13. Read the latest stock experts ratings for Finning Int.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Finning Int.
Finning Int is followed by 234 investors on Stockchase and is a trending stock that is worth watching.
On 2026-07-10, Finning Int (FTT.TO) stock closed at a price of $102.50.
Distributes Caterpillar products. Great run, stable stock. Could be a HALO company. Lots of uncertainty in Canada around infrastructure and energy.
He'd rather own CAT. This one's more an actual HALO.