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Showing 1 to 15 of 1,158 entries
BUY
CNR vs. CP The takeover was a real love triangle. He's confident CP will get approval. You want to buy them into this weakness. 9% growth rate, 17.5x 2023 earnings. Will be a better entity going forward. CNR looks very good with their new strategy to better their OR over time. Both are to be owned at this point.
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DON'T BUY
CP vs. CP Don't chase CN now. There's a bidding war by CN and CP for KSU. KS is talking to CP and he expects CP to win the war. He prefers CP. He's short CP, because he's long KSU. CP looks good in terms of earnings.
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BUY

CN vs. CP It's surging today. Rails are good--they are the economy. CN is more of a commodity shipper and commodities are in demand. Both CN and CP will be hit by the weak grain harvest from lack of rain. He hopes CN wins the battle for KSU. (Didn't comment much on CP.) There is integration risk in buying KSU and they will need to borrow money to close the deal, but this is a short-term problem and it's worth building a network to Mexico.

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COMMENT

CP today increased their offer to buy Kansas City Southern He owns none of the rails here, but owns FedEx and has long liked it and its management. This battle will go on for a while. Even if CP wins, it'll likely be a year before the deal closes, and CP will be worth $90 billion, on par with rival bidder CN. CN will still have bigger revenues than CP, while CP will carry more debt if CP wins the battle. So, CP would win the battle, but lose the war. It'll be interesting to see how much synergy CP can generate if CP wins. The short-term winner will be KCS shareholders.

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BUY

CN vs. CP Easy. Go with CN. Latest news is a letter saying that the merger with KSU is not in the public interest. If the merger happens, it will be accretive long-term. If not, CN remains attractive, trading at 18x 2023 earnings while growing at 11%. At times, he's a CP guy, but here he'd pick CNR. [Note: some audio problems]

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HOLD

CP vs. CNR Owns CNR. Numbers positive over the last little while, but the KSU acquisition may hamper them going into next year, with the stock moving sideways. Rail industry is great: limited competition, hard to duplicate, good pricing power, sweet spot of transportation. KSU acquisition will enhance their business. Forest fires are affecting the backlog, but this is short term.

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TOP PICK

No surprises in yesterday's results. Company expects KSU deal to be approved. Reaction to the deal is way overdone. CNR is positioned well, with or without KSU. Best in class management. Excellent operating metrics. Yield is 1.89%. (Analysts’ price target is $146.26)

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BUY on WEAKNESS

If they did buy KSU, it would be a slight plus. If they don't, it wouldn't take away from CN's story. They have one of the premier network of all North American rails. If you believe that economic expansion continues, CN is well position. His only problem with all the rails is the slightly higher PE than he'd like to see. But long-term, CN is good to hold. He would buy this at $115, though, not now.

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BUY on WEAKNESS
Allan Tong’s Discover Picks The likely winner is CN, since KSU named CN's proposal “superior” in mid-May. Two years ago, I gave both stocks the nod, but gave CN the edge because of its north-south network and adding KSU's lines will only strengthen this artery. CN peaked April 11 at $148.67, which marks a 20% increase since my original call. Shares have since slid, so the gain today is only 9.1% (pre-dividend). Read Looking back after 100 weeks of Hot TSX Stocks: BAM, Rails, Garbage for our full analysis.
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BUY
It offers excellent earnings growth and rail remains the best shipping option for a number of commodities and other products. They are so well positioned. It is an oligopoly business. He is quite bullish on the stock. He won't change his thesis if they don’t get the merger.
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BUY on WEAKNESS

Really likes it, one of his larger positions. Bought more when it declined into the $120s. Being penalized by risk arbitrage and lots of debt. Not a lot of regulatory risk. KSU is a great way to connect Canada with the US. Will really have to sharpen their pencils to handle the debt.

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BUY
Both railways are good buys over the long run. The trucking industry is having difficulty keeping up because of a shortage of drivers (e.g. to drive gasoline to gas stations). The railway industry will continue to benefit as well as to better weather increasing fuel prices.
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TOP PICK

Dynamics of the rail industry have always been good. High barriers to entry. Sustainable demand will lead to better pricing power, better margins, and free cashflow growth. With the KSU deal, would be one of the major players in NA. If the deal doesn't go through, stock may pop as CP's did. Yield is 1.86%. (Analysts’ price target is $145.75)

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SELL

Exceptionally well run. Up until the last couple of years, a great secular growth story. The takeover of KSU will put a cap on the stock for the time being. Over the long haul, the absolute tonnage they've transported hasn't really increased. They've just become more efficient and raised prices. Stagnant profit growth. The KSU deal means a lot more debt, and a lot more shares outstanding. With valuations where they are, he'd take his money off the table.

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BUY

21-22x earnings. Best rail network in NA, only to get better with KSU, especially tapping into auto plants. Well managed. Efficient, reliable. Cyclically advantaged, with a lot of freight moving. Strategically important asset and infrastructure.

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Showing 1 to 15 of 1,158 entries

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

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 26

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 34

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, 34 stock analysts published opinions about CNR-T. 26 analysts recommended to BUY the stock. 4 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?

34 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 2021-09-24, Canadian National R.R. (CNR-T) stock closed at a price of $146.55.