October 24, 2019

In Thursday’s action, the S&P 500 and Toronto were each up 0.2%.

Shopify was up 8.8% continuing its recent gyrations. 

Visa was up 2.8% and then released yet another strong earnings report after the close.

Linamar was down 2.5%.

After the close, TFI International released earnings that on an adjusted per share basis were unchanged versus last year at $1.04. Apparently analysts expected $1.05. If this stock drops on the news I may look to add modestly to my position. It’s a good long term performer. However, the lack of growth this quarter is another indicator that the economy is softening somewhat.

 

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