Overall, today has not been a good day for my investment portfolio. I closed with an overall loss of close to $4,000. However, my US and RRSP portfolios experienced a small gain.
I own a significant amount of TFI International Inc. (TFII). Today, TFII dropped by $37.73, nearly -21%, closing at $143.78 per share. TFII has been in my TFSA portfolio for quite some time. Believe it or not, I bought my shares for less than $40 each—quite a long time ago. I probably invested in TFII sometime in 2020. What I do know for sure is that I discovered this stock through Stockopedia. Without Stockopedia, I wouldn’t have TFII in my TFSA.
I am not just a proud or very proud investor in TFI International Inc. (TFII)—I am an EXTREMELY proud investor. Experiencing massive growth on a stock like I have with TFII is life-changing. Not in the sense that I could retire early, but because it gives me the freedom to decide what to do with my money.
Since integrating TFII into my TFSA, the stock has seen significant growth. I am currently sitting on a +271.62% gain. Stockopedia has led me to some great investment “discoveries,” and TFII is one of them. You don’t hear much about TFII on BNN Bloomberg or in the news, but today was an exception—TFII's CEO was on BNN Bloomberg.
Let’s start with the good news: TFI International (TFII) announced a 13% dividend increase. It’s a welcome boost, as TFII’s dividend yield has never been particularly generous. I never held this stock for its dividends, but rather for its long-term capital appreciation—and that’s exactly what I’ve built over the past five years. When it comes to TFII, I am essentially sitting on a pile of cash.
TFI International operates in the logistics sector, which has faced challenges in both 2023 and 2024. Unfortunately, 2025 is shaping up to be another tough year. It seems like the company’s struggles began after acquiring a U.S. business a few years ago. TFI has plans to eventually move its headquarters from Canada to the U.S. Since 70% of its business is conducted in the U.S., the move makes financial sense. It might even make Donald Trump happy. Losing a great company to the U.S. is disappointing, but as a shareholder, I can’t oppose a decision that benefits the company. At the end of the day, it’s a business decision, not a patriotic one.
Despite today's downturn, I am still in a strong position, with several thousand dollars in capital gains. The big question now is: Should I sell?
When a stock faces difficulties, it’s up to each investor to decide whether to hold or sell. Selling a portion is always an option—you don’t have to sell everything. But in TFII’s case, I am leaning toward selling my entire position. The company has struggled for two consecutive years, and I don’t believe we are out of the woods yet. Even if TFII moves its headquarters to the U.S., challenges could persist.
The U.S. market is highly volatile, and the political climate, particularly with Donald Trump, isn’t helping. TFI’s exposure to the U.S. market has been a challenge for two years now, and 2025 may not be any different. Stockopedia gives TFII a strong overall StockRank, but its Value Rank is quite low. I won’t disclose the exact number—my Stockopedia subscription costs me a few hundred dollars, and I have my pride—but let’s just say it’s not great.
There is nothing wrong with selling a stock when you feel it’s time, even if it’s one you cherish. I haven’t made a final decision on selling my TFII shares, but it’s something I am seriously considering. If you are sitting on a solid gain with TFII, it might be wise to cash out and keep some dry powder for future opportunities. That, sincerely, is my best advice.
I have been listening to Hole’s beautiful song Malibu on repeat for the past 45 minutes. It kind of gave me clarity of mind. Listen to this.
Also, I am on Bluesky. Follow me here.
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