Hey there. Where exactly are you seeing a debt to equity that high? If we have a look at the company's balance sheet, debt to equity is around 1.5.
Total liabilities of $2.865 billion divided by shareholder equity of $1.867 billion.
Which, is still a tad high, especially considering the industry average is hovering around 1, but TFII has maintained this D/E for some time, and the company's balance sheet is very healthy.
One thing as well, it's important to keep in mind we don't update those top stock lists very often. We do put a ton of time into them when we do update them, but it's typically only semi annually.
Whereas our Bull list report on TFII will be updated every single quarter (along with any other Bull list report).
Those Top stock lists are behind in terms of individual stock picks as well. Prime example of this is we suggested Goeasy for members at the start of 2019, but the stock didn't make a high appearance on those lists until our June updates, well after it had made significant gains. It's one of the main benefits of becoming a premium member. If you see a stock you like and you see it on that list, always head here and ask about it first. If it's August or September, that list may have not been updated for months.
Cheers
Dan