Allan Tong’s Discover Picks

CP has been getting all the attention because it merged with Kansas City Southern, but CN trades at the better PE of 20.28x compared to its rival of 27.96x. No question that CP is a powerhouse, but it will take time to absorb KC into its operations and pay for it. Both companies enjoy a duopoly in Canada, so the moat is high. Read 3 All Canadian for our full analysis.


Defensive industrial. Despite Canada perhaps already being in a recession, can still grow EPS. Company anticipates 10-15% earnings growth 2024-2026. Increased productivity of network. Continued dividend increases. Yield is 1.96%.

(Analysts’ price target is $175.34)
CNR vs. CP

Valuations are similar. CNR 200-day MA roughly sideways, the stock price is above that, average type of returns. CP's chart is fairly similar, but trending upwards a bit more. CP looks slightly better on technicals, so that's his choice.


Rail business in Canada is wonderful, much of it due to barriers to entry. Its transportation can't be outsourced the way manufacturing can. CP acquisition has given it a more impressive footprint than CNR. But CNR has a more attractive multiple, so he's buying for clients. Both are good, high quality companies.


Blue chip. Rails are the most efficient and environmentally friendly way to move goods around the country. A train can move 1 ton of goods on 1 gallon of diesel fuel, replacing 280 transport trucks. Economic moat. Strong ROE, well above market average. Balance sheet quite strong. Capital appreciation expected. Yield is 1.99%.

(Analysts’ price target is $172.51)
(A Top Pick Mar 25/22, Down 3%)

Just reported a strong year to date, but their forecast is murky. There's no more opportunity to build rails. He likes CN, because CN runs east-west, as well as through the Chicago hub, Union Pacific and GMTX to access Mexico. So, they've covered North America. But it now and dollar-cost average over time.

Sell 1/2 of CNR to buy CP?

He'd do that trade, especially because in your RRIF there won't be tax consequences. Gives your portfolio more diversification. CP has more growth potential now with its wide network. Debt for KSU takeover is manageable, and they'll get cost savings. CP is at a cheaper multiple.


The question was on whether he prefers CN or CP. It looks like CP will close its acquisition of Kansas City Railway. It will be a great asset but the costs will affect the balance sheet a bit. He likes CN: CP has had better management over time but activist pressure is forcing CN to make big changes. They are buying back stock and increasing dividends which is good for the long term.


The question was on both CN and CP He owns and likes both. Although they are economically sensitive, rail is the cheapest mode of transportation for a number of goods and they are well positioned. CP has entered into an agreement to acquire Kansas City Southern and would become the only railway with lines through all three of Canada, the U.S. and Mexico.


Likes all transportation. Loves the rails and these charts. Can't go wrong with the rails and their massive moat. Higher highs and lows. Reaccelerating here. Industrials are among his favourites. Definitely add right here, right now.


Good time to sell right now.
Has owned shares in the past. 
Does not own any shares now.


Tricky. In a pension fund, you want to have a rail because they're incredible businesses. Can you replicate this business? No. Extraordinary pricing power. CNR has done a great job squeezing everything it can out of its infrastructure. A few years ago, CP had slightly cleaner story in terms of future profitability. CP now has the full continent and more upside. 


It can raise prices since it is a major way of moving goods. It is being overly conservative in its predictions with very low guidance which comes after 25% earnings growth in 2022. It is one of the best success stories in Canada. It has raised its dividend for 27 years in a row. Could do $8 per share in earnings and be a $200 stock. This is therefore a good entry point.    Buy 10  Hold 22  Sell 3

(Analysts’ price target is $174.32)

Blue chip, class 1. Prefers it to CP because of the more extensive footprint of the track. The footprint gives it a natural competitive advantage. Valuation's more attractive, too, but shares have run up, so wait for a pullback. Can re-evaluate once CP acquires KSU. 

Now into late April is CNR's seasonality, as in 2022. The chart shows an ascending triangle in the past year, which is bullish. Could see a breakout.
Showing 1 to 15 of 1,211 entries

Canadian National R.R.(CNR-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 19

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 5

Total Signals / Votes : 28

Stockchase rating for Canadian National R.R. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Canadian National R.R.(CNR-T) Frequently Asked Questions

What is Canadian National R.R. stock symbol?

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

Is Canadian National R.R. a buy or a sell?

In the last year, 28 stock analysts published opinions about CNR-T. 19 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..

Is Canadian National R.R. a good investment or a top pick?

Canadian National R.R. was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian National R.R..

Why is Canadian National R.R. stock dropping?

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.

Is Canadian National R.R. worth watching?

28 stock analysts on Stockchase covered Canadian National R.R. In the last year. It is a trending stock that is worth watching.

What is Canadian National R.R. stock price?

On 2023-06-01, Canadian National R.R. (CNR-T) stock closed at a price of $154.77.