Review of Toromont Industries Ltd.

MAR 12, 2024 - TIH is an industry leader in specialized equipment rental in Canada. Amid a challenging macro environment in the last few years, the business so far has proven to be resilient. We believe TIH will continue to grow dividends, and allocate capital in a disciplined manner, resulting in meaningful value creation for shareholders. We are maintaining our rating initiated at “B+”.

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Toromont Industries Ltd. (TIH)

Q: Hello, I am wondering about Toromont Industries. Do you see it being negatively effected if there are tariffs implemented by the US? I will be retiring in next 2 years looking for something safe with decent growing yield that can be a hold over the next several years in a non-registered account.
Thanks

Read Answer Asked by Leah on January 29, 2025

Q: I am down on these 3 stocks in my RRSP. Do you see future upside, or should I let them go?

Read Answer Asked by Maryon on January 22, 2025

Q: looking for safety of dividend and single digit capital appreciation. would you sell BCE and replace with 50 percent to TIH and 50 percent to either CAR.UN or GRT.UN. thanks Richard

Read Answer Asked by richard on January 22, 2025