Thomson Reuters: Retain Buy Rating As Organic Growth Outlook Remains Positive
TRIThomson Reuters(TRI) Seeking Alpha·2024-06-06 11:37
JHVEPhoto Investment action I recommended a buy rating for Thomson Reuters (TSX:TRI:CA) (NYSE:TRI) when I wrote about it in February this year, as I expected an EPS growth outlook of low teens, which, coupled with dividends, could deliver an attractive total return over the next 2 years. Based on my current outlook and analysis, I recommend a buy rating. My key update to my thesis is that I expect organic EPS to grow faster than I originally expected, as TRI has seen a strong adoption rate for its AI-re ...