Review of TMX Group Limited

AUG 06, 2024 - TMX Group (X) operates as an exchange facilitator and clearinghouse for capital markets in North America. X is a high-quality dividend grower, the company’s management has demonstrated a disciplined capital allocation track record of shareholder-friendly policies by consistently raising dividends year after year, and we expect capital returns to continue to be healthy going forward. We remain bullish on the long-term prospects of X, we are maintaining our rating at ‘B+’ and are open to upgrading the name in the future if the fundamentals further improve from here.

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TMX Group Limited (X)

Q: Outlook for Tmx group,reasoning and recommended entry price please. Thanx.

Read Answer Asked by Steve on January 17, 2025

Q: Hi 5i Team,

I have held DFY for awhile and have doubled my investment. Experience has taught me to take some money off the table when one of my stocks has reached this point. I'm thinking about selling 1/3 of the position and reinvesting the rest in 2 or 3 of the following stocks:

I have partial positions in BCE, EIF, NWC, WCN and X
I have full positions in T and TD and open to averaging down

My questions are:

1) Would you trim a position in DFY given current market conditions?

2) How do you currently rank the 7 other stocks listed

3) Would you add to existing positions in T and/or TD given their current outlooks or look elsewhere?

These are a held in a TFSA and are planned to be 15-20 year holds

Thanks for the Great Service and Happy New Year!

Colin

Read Answer Asked by Colin on January 03, 2025

TMX Group Limited (X)

Q: Hi Team,

What are your thoughts about this company and it's current valuation and growth prospects?

Do you see it facing more competition?

Thanks,

Read Answer Asked by Keith on December 19, 2024