10 Most Oversold Canadian Stocks to Buy According to Analysts

8. TFI International Inc. (NYSE:TFII)

6-Month Performance: -42.64%

Number of Hedge Fund Holders: 23

Analyst Upside Potential: 49.50%

TFI International Inc. (NYSE:TFII) is a leading transportation and logistics company with operations in the United States, Canada, and Mexico. It offers a range of services through its segments which include Packaging and Courier, Less-Than-Truckload, Truckload, and Logistics. The company is known for its strategic acquisitions and extensive network of subsidiaries, which help it maintain a strong presence in the logistics industry.

On March 3, Susquehanna analyst Bascome Majors maintained a Buy rating on the stock with a price target of $135.00. During the fiscal fourth quarter of 2024, the company highlighted that it is navigating challenging conditions in the transportation and logistics industry, marked by a slump in freight volumes. Despite these challenges, the company has maintained strong financial performance, particularly in generating free cash flow. TFI International Inc. (NYSE:TFII) grew its revenue by 9% year-over-year to reach $1.8 billion, driven by the acquisition of Daseke. Notably, its Less Than Truckload segment grew by 10% during the same time to reach $737 million. TFI International Inc. (NYSE:TFII) is one of the most oversold Canadian stocks to buy according to analysts.