As we approach 2025, Tax-Free Savings Account (TFSA) investors looking for undervalued stocks with strong recovery potential should consider TFI International (TSX:TFII) and Bombardier (TSX:BBD.B). Both TSX stocks have faced challenges but are showing signs of resilience, making them compelling picks before they fully bounce back.
TFII
TFI International, a major player in transportation and logistics, has been navigating a tough freight market. In the third quarter (Q3) of 2024, the TSX stock reported operating income of $203.3 million, slightly up from $200.6 million a year prior. This growth was supported by strategic acquisitions, helping offset weaker freight demand. However, net income dipped to $128 million from $133.3 million in the same quarter last year, reflecting ongoing industry headwinds.
Despite this, adjusted net income improved slightly, reaching $136.6 million compared to $136 million in Q3 2023. More importantly,…
