Viewing Opinion | StockChase
stockchase picture

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

2017-07-26

Opinion for Canadian National R.R. (CNR-T)

Signal Price Bias Subject Owned
WAIT $99.000 UNKNOWN CANADIAN & ETF's Unknown

Thought this was a little expensive for some time, and yet it kept moving up. It is definitely overpriced at present levels. Multiples are quite high. The dividend is nothing to write home about. He would sit on the sidelines and see what happens over the next while.

David Cockfield
Managing Director, Northland Wealth Management

1 Comment

stockwealth

July 26th 2017 at 9:40pm

Agreed sit on the sidelines and wait for a good pull back. Would not be surprised that it could fall back around the $85 range. Dividend only 1.6% so you must really watch your entry point.


You must be logged in to comment.