Canadian National R.R. (CNR.TO)

Thinks this should be a part of everybody's portfolio. One of the best in class operators with precision railway logistics. Looks like it has a lot of headwinds, including the coal business. Also, have a hefty pension liability that they are facing. There is no reason not to continue owning this in the future.

Likes both Canadian National (CNR-T) and Canadian Pacific (CP-T), but prefers CP a little better. Feels the growth metrics for it are a little bit stronger and valuations are a little cheaper when looking at a PEG ratio analysis. Given the fact that they have both sold off quite a bit, especially this one, he would be a buyer. These are good entry points.

This company should benefit from lower oil prices, but it is very sensitive to the economy. Doesn’t know if it is super cheap now. At some point it might become an amazing Buy. Railroads are good businesses because they are difficult to replicate. We are seeing some M&A activity in the railroads right now, which also could help.

Rails are trading substantially above where they usually trade. Feels this stock will come back to $62.46. The model price is $77.87. Irrespective, this has to come back to their structural line of $62.46.

Has a Buy on this in the $71 range. If you currently have it, you should certainly hold it. This is one of the big beneficiaries of the increasing oil production. They make big money shipping oil and are getting better at it and costs are down.

The best rail in North America. Has a dividend growth profile. Leveraged to a number of different components to the Canadian economy. Not cheap, so you buy it on a dip.

Canadian National (CNR-T) or Suncor (SU-T)? He would choose Suncor based on the multiples that they sell at. He doesn’t own the railroads. (See Top Picks.)

Hasn’t been buying this one for a while because it was fully priced. Has pulled back a bit, and she is waiting for it to come back a couple of more dollars. Rails have done very well, and she is expecting a pretty good quarter because traffic has been quite good. They’re not cheap stocks anymore.

Better operating numbers than CP-T and always will do. Prefers CSX-T as it is one third cheaper than either of the Canadian ones.

In a long term upward trend, outperforming the market and at about its 20 day moving average. Seasonally it does well from Mid October to January. Any weakness over the next couple of weeks is a buying opportunity.

The trend is up. Sure it could pull back and correct. Higher highs and higher lows.

They have come down here, but not a heck of a lot. There is less risk with CNR-T than CP-T. Priced for perfection. People think there is no downside to these companies. Prefers CP-T.

This and CP are well overpriced so you should get a pullback. But over the next 3 to 5 years it will do well. Hold off and look at it down the way a bit.

CP-T and CNR-T both had huge runs. Some investors may have got carried away in the short term. Marginally prefers CP-T over CNR-T, but he would not look for huge gains in the short term. Thinks this is a stock you can put away and forget about.

(Market Call Minute.) Yield of about 1.3%, but it keeps making its dividend and the stock price does really well. Really well-run.