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Is It Too Late To Consider Toromont Industries (TSX:TIH) After Its 63% One-Year Rally
If you are wondering whether Toromont Industries is fairly priced or stretched at its current level, this article will walk you through what the numbers are saying about the stock.
Toromont’s share price recently closed at C$197.33, alongside returns of 8.9% over 7 days, 15.1% over 30 days, 17.6% year to date, 63.1% over 1 year, 85.5% over 3 years and 130.9% over 5 years. This naturally raises questions about value and risk.
Recent coverage has focused on Toromont’s role in capital goods and...