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  5. STN: I already hold a bit of TFII and WSP but would like more in industrials. [Stantec Inc]
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Investment Q&A

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Q: I already hold a bit of TFII and WSP but would like more in industrials. I’m thinking of either adding to TFII or starting a position in STN or TT. Is there still good reason to add to TFII? If not, both STN and TT have good momentum, but as I already hold WSP, would TT make more sense?

Thanks.
Asked by Alan on February 09, 2024
5i Research Answer:

TFII reported decent earnings last night, but from a portfolio perspective we like diversification and we think TT probably makes the most sense here. It is quite different from the others mentioned yet is solid in its own right.