Q: The above companies were listed in the top 15 weekly losers in Saturdays Globe and mail .Losses ranged from 3.60% to 8.83%
Has your opinion change on these companies?
In regards to Byd buyers may want to consult the Farmers Almanac before considering a purchase.
Has your opinion change on these companies?
In regards to Byd buyers may want to consult the Farmers Almanac before considering a purchase.
5i Research Answer:
BYD has struggled recently but we think it will be fine longer term. WSP's decline comes from a secondary issue which has no impact on fundamentals. Its recent results were solid and its backlog provides us with some comfort and revenue visibility. TFII's decline comes from some sector weakness, but that comes with the territory with trucking. We are not overly concerned there.