Related posts
Most Anticipated Earnings: ARE-T, AGI-T and more Canadian Companies Reporting Earnings this Week (Apr 22-26)3 All CanadianMarkets weaken despite earnings beatsThis summary was created by AI, based on 25 opinions in the last 12 months.
Based on the reviews from different experts, it seems that Canadian National R.R. (CNR-T) is a well-established company with a strong management team and a focus on long-term growth. The company has a valuable asset in its rail network and is considered a bellwether for the economy. While there is some concern about economic downturns and competition in the industry, many experts believe that CNR has the potential to continue growing its dividends and delivering strong returns for investors.
She likes the railways but doesn't own them since they are economically sensitive. If choosing between them she would pick CN since historically it has a better management team and a better dividend - 2% as opposed to CP's 0.7%. Also CP is still digesting its large Kansas City acquisition.
He owns both. CP is the only one through Mexico-US-Canada.
Duopoly in Canada. Not building any more rails. Remains the cheapest mode of transportation for certain types of goods. Different, but both will do well.
Had the advantage in early days, with all kinds of government money spent on it. If he had to choose today, he'd pick CP. CP seems to have an expansive view with KSU takeover, more aggressive growth strategy, better growth possibilities.
Top railway pick. Has been a long term investor in the company. Would recommend buying on recent share price weakness. Assets are very valuable given ability to build new rail lines. Pricing is inflation protected.
The rails trade in tandem. With CP buying Kansas City, CP now competes head-to-head with CNR which used to have more of a north-south network. He isn't jumping into these stocks, because of a possible recession later this year. If you're a long, long-term holder, holding rails isn't bad, but he wouldn't but them now.
Canadian railroads have 15% compound returns going back 30 years. CP has done way better than CNR. Wishes he owned CP, and you probably should own both. Will see buybacks, dividend increases, growth at GDP+. Always cutting costs. Will see double-digit returns for a very long time. Nothing can displace railroads. Drones just can't move the heavy stuff.
Bullish because we'll see more onshoring. Hard to tell if we're going into recession or accelerating. Should see restocking of inventory.
We like CNR, and the company operates in a duopoly market with CP. Although the rail industry may not grow too fast from here, the industry has tremendous staying power, and we expect CNR could continue to grow its dividends for decades.
Unlock Premium - Try 5i Free
Canada is in a recession that impact the rails who move goods. Volumes are way down and so are revenues. Bulk commodities like grain are still doing well, and this remains a core holding of his. Industrials do suffer in a wider slowdown, but less so in Canada because we have fewer industrials than in the US. And rails are less cyclical. CN outperforms the TSX usually when markets are weak. They reiterate guidance, and he expects a dividend hike. Management is in good hands.
Effectively has a similar network to CP's, through strategic contracts with other rail lines. Dividend has grown more significantly than CP's. Prefers CNR because it owns prime real estate around the choke point, Chicago, allowing it to get across the city faster than anyone.
A bellwether for the economy, so price has suffered, but this is an opportunity to buy.
Owns shares in company. Would recommend buying. Assets valuable since not building anymore. Strong pricing power. Free cash flow very strong. Excellent capital allocation with share buybacks.
It's in the public interest to get this pipeline going, as it will be great for Canadian energy producers as a whole. Won't have a negative impact on the rails. Rail is not the most efficient for shipping oil, it's the overflow option. He's positive on CNR and CP, more so on CP.
Great acquisition of Kansas City by CP was a game changer. CNR is the gold standard in North America. US is not in a recession yet, but if it does happen, all the rails will get cheaper. Don't settle for just a 1% differential from the historical average, when you might be able to get it 20% cheaper.
He also owns CP. Some sensitivity to volumes in an economic downturn. Historically, has outperformed the TSX during downturns. Long and strong this name. Wouldn't shy away from adding here, despite economic clouds.
Assets valuable - not building any more railroads.
Prefers CP Rail.
Buy on weakness.
Good for long term investors if willing to hold for long period of time.
Canadian National R.R. is a Canadian stock, trading under the symbol CNR-T on the Toronto Stock Exchange (CNR-CT). It is usually referred to as TSX:CNR or CNR-T
In the last year, 21 stock analysts published opinions about CNR-T. 12 analysts recommended to BUY the stock. 5 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canadian National R.R..
Canadian National R.R. was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian National R.R..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
21 stock analysts on Stockchase covered Canadian National R.R. In the last year. It is a trending stock that is worth watching.
On 2024-04-23, Canadian National R.R. (CNR-T) stock closed at a price of $176.79.
He buys and holds structural growth companies for a long time. They've bought back shares for 20 years and keep raising the dividend. It's a toll service, really, as they move goods. Share have been rangebound for a few years, but levels now look good. He's owned this for a long time and it's been a great performer. Trades at 22x forward PE, reflecting their earnings. With this, he'd make an exception and buy it at all-time highs.
(Analysts’ price target is $183.47)