TSE:CP

Canadian Pacific Rail (CP.TO)

122.41
-1.78 (1.43%)
as of Sep 18, 2026, 8:00:01 pm Market Open.
642 watching
0
TOP PICK
Trading at a discount to Canadian National (CNR-T) on a number of metrics. Interesting way to play recovery in volume in bulk, particularly grain and coal. Management has committed to lowering costs. Sold off recently.
DON'T BUY
Doesn’t see a big increase in the price of any of the rails. Cost containment processes have not been as good as CNR. There is better growth down the road. We are at the top end of the range of PE ratio. They have the headwinds of higher fuel costs. You can’t go wrong long term with this type of stock but doesn’t see potential in the next 6-12 months.
COMMENT
Exec VP Ed Harris announced his retirement and the stock pulled back. He likes and will continue o Hold.
PAST TOP PICK
(Top Pick Feb 22/10, Up 27.30%) Smartest investor in the world bought a railroad. This is way he bought the stock. He doesn’t see them adding much more hear.
BUY
Had a great year in 2010 on the back of continued volume strength in the resource sector. Expects volumes to continue, especially in the coal and potash. Management is focused on reducing costs and upgrading margins. Expecting more upside than on Canadian National (CNR-T).
COMMENT
Grain and Coal, East to West Canada. Prefers Union Pacific.
BUY
Bullish on the railways. Another way to play commodities. Prefers this one to CN (CNR-T) but not sure there is a huge difference between them. This company made a very nice deal into the powder basin in Wyoming giving it an opportunity to ship an enormous amount of coal.
WEAK BUY
Very good earnings recovery. Last quarter was good but not quite great enough for this market. He has been looking for a little more juice, but you would be fine with this name.
COMMENT
Rails have done well this year. She prefers Canadian National (CNR-T). Benefits from trans-Canadian exporting. Have been taking shares from trucking. Expect rails will continue to improve with improved traffic.
BUY
Has increased their margins. Outlook for rails is very clear. Resources market needs to grow. They are going to do very well over the long term.
PARTIAL SELL
Basic freight hauling has been excellent and they’ve had a pretty good run. If you own, consider taking a little off the top.
BUY
He owns CN because of US exposure. He would be a buyer of CN over CP.
DON'T BUY
He disagrees with the markets on rails. He doesn’t see the reason to be all excited about rails. CP is more commodity related and more Canadian, whereas CN has more US presence
PARTIAL SELL
Strategically, when things move up, you can trim a little and keep the core position if you like it. He is positive on the emerging markets and this is a major shipper for that.
BUY ON WEAKNESS
Canadian National Railway (CNR-T) and Canadian Pacific (CP-T). Both are coming in with very strong numbers on volume and yield. For a long-term hold, he would prefer CNR but would wait for a pullback on either.
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