Viewing Opinion | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.


Opinion for Canadian Pacific Rail (CP-T)

Signal Price Bias Subject Owned

There is talk of a merger with CSX (CSX-Q) that is going to take time. Hunter Harrison has his hands full in trying to squeeze costs out of CSX as fast as he did with CP, which has now consolidated. There is now talk that “oil by rail” is going to come back in. There are upticks in industrial activity, which is good for all rail stocks. He is looking hard at this but would like to see some better pricing. He likes other sectors at this time.

Lyle Stein
Sr. Portfolio & Managing Director, Vestcap Investment Management

No Comments.

You must be logged in to comment.