The Globe and Mail reports in its Wednesday, Jan. 23, edition that Industrial Alliance Securities analyst Nav Malik named TFI International ($38.51) one of his top 2019 picks among diversified industrial companies. The Globe's David Leeder writes in the Eye On Equities column that Mr. Malik rates TFI "strong buy." He targets the shares at $60. Analysts on average target the shares at $49.96. Mr. Malik says in a note: "Heading into 2019, concerns over slower economic growth and uncertainty regarding global trading relationships have weighed on investor sentiment. Recent market volatility has created opportunities to buy solid, well managed companies. TFII is one of the largest and most broadly diversified trucking companies in North America. Margin improvement was the key driver of growth in 2018, and we expect that to continue through 2019 as TFII focuses on improving operational efficiency, rationalizing unprofitable business, and pursuing an asset-light approach where possible. In addition, TFII has been the most active consolidator in the Canadian trucking industry, and we believe acquisitions will remain a key component of growth going forward. We are forecasting operating income growth of 21 per cent in 2019."