1 Undervalued TSX Stock Down 51% to Buy and Hold

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Is your investing objective to identify potentially undervalued stocks on the TSX? Then, a prudent approach involves pinpointing companies that exhibit solid underlying fundamentals and promising prospects for future growth. One such TSX stock that often appears on the radar of value investors is TFI International (TSX:TFII) — a recognized leader within the dynamic transportation and logistics industry in North America.

Recent market moves

As of writing, the stock of TFI International is trading at a price of $108 on the TSX. Over the preceding year, the TSX stock dropped from $221 down to $103 before coming to today’s price point. This might suggest a rebound in investor confidence and market valuation.

In its financial report for the fourth quarter of 2024, TFI International reported revenue of approximately $2.43 billion. This was generally in line with the expectations set…

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