Canadian National R.R.

CNR-T

TSE:CNR

129.82
1.02 (0.78%)
The Canadian National Railway Company is a Canadian Class I freight railway headquartered in Montreal, Quebec that serves Canada and the Midwestern and Southern United States. CN's slogan is "North America's Railroad".
More at Wikipedia

Analysis and Opinions about CNR-T

Signal
Opinion
Expert
BUY
BUY
September 20, 2019
This is a good holding to get general economic exposure without a lot of risk. They benefit from the lack of oil pipeline constraints -- this accounts for 3-4% of its value. At $126, there was not much more upside to the share price. He expects a high single-digit return if you buy now.
Show full opinionHide full opinion
This is a good holding to get general economic exposure without a lot of risk. They benefit from the lack of oil pipeline constraints -- this accounts for 3-4% of its value. At $126, there was not much more upside to the share price. He expects a high single-digit return if you buy now.
HOLD
HOLD
September 20, 2019

He owns CNR-T over CP-T and CSX-Q in the US. CP-T is more grain and resource orientated -- East to West. CNR-T has more exposure to the US markets. He would hold if you own and wait for a pullback to buy more.

Show full opinionHide full opinion

He owns CNR-T over CP-T and CSX-Q in the US. CP-T is more grain and resource orientated -- East to West. CNR-T has more exposure to the US markets. He would hold if you own and wait for a pullback to buy more.

BUY WEAKNESS
BUY WEAKNESS
September 20, 2019
It is at a reasonable valuation at 16 times. They’re modelling 11% earnings per share growth. Great crude by railway as well as ores. He suggests buying it at dips.
Show full opinionHide full opinion
It is at a reasonable valuation at 16 times. They’re modelling 11% earnings per share growth. Great crude by railway as well as ores. He suggests buying it at dips.
BUY WEAKNESS
BUY WEAKNESS
September 10, 2019
A great long-term company. Buy on a dip. It's one of his biggest positions. It's a cash machine that's well-managed with huge pricing power.
Show full opinionHide full opinion
A great long-term company. Buy on a dip. It's one of his biggest positions. It's a cash machine that's well-managed with huge pricing power.
COMMENT
COMMENT
September 4, 2019

CIBC vs CN Rail for income? He would be getting out of all the Canadian rails at this point. The banks are also getting hurt. Negative interest rate curves are a warning that something ugly is going to happen. The GDP will fall and interest rates will begin to rise. He would therefore buy into CM-T and drop CNR-T.

Show full opinionHide full opinion

CIBC vs CN Rail for income? He would be getting out of all the Canadian rails at this point. The banks are also getting hurt. Negative interest rate curves are a warning that something ugly is going to happen. The GDP will fall and interest rates will begin to rise. He would therefore buy into CM-T and drop CNR-T.

BUY WEAKNESS
BUY WEAKNESS
September 4, 2019
He likes it and will try to buy it. It's the best railroad and most efficient in North America. They recent bought a small railroad in the States. CNR is a play on trade flows across North America. Can't go wrong buying this and won't decline as much when markets turn south.
Show full opinionHide full opinion
He likes it and will try to buy it. It's the best railroad and most efficient in North America. They recent bought a small railroad in the States. CNR is a play on trade flows across North America. Can't go wrong buying this and won't decline as much when markets turn south.
PAST TOP PICK
PAST TOP PICK
August 15, 2019
(A Top Pick Aug 30/18, Up 5%) Still likes it. Industry's consolidated in the last while. Restructured business nicely. Oil business is helping. A lot of good things happening. More environmentally friendly than trucking. A great company to own.
Show full opinionHide full opinion
(A Top Pick Aug 30/18, Up 5%) Still likes it. Industry's consolidated in the last while. Restructured business nicely. Oil business is helping. A lot of good things happening. More environmentally friendly than trucking. A great company to own.
BUY
BUY
July 29, 2019
Bought this in 2015 and will hold long-term. They run east-west, but also north-south so they can move product anywhere in North America. They bought. The dividend has grown 16% yearly and generates free cash flow.
Show full opinionHide full opinion
Bought this in 2015 and will hold long-term. They run east-west, but also north-south so they can move product anywhere in North America. They bought. The dividend has grown 16% yearly and generates free cash flow.
HOLD
HOLD
July 16, 2019

CP-T earnings have improved with revenues up in all their businesses. He holds CNR-T instead. He would not buy more at these valuations. If you are playing the oil by rail strategy, he would prefer CNR-T as it has more incremental market opportunity as it ships south into the US. He is not adding adding to his position.

Show full opinionHide full opinion

CP-T earnings have improved with revenues up in all their businesses. He holds CNR-T instead. He would not buy more at these valuations. If you are playing the oil by rail strategy, he would prefer CNR-T as it has more incremental market opportunity as it ships south into the US. He is not adding adding to his position.

COMMENT
COMMENT
July 15, 2019

CN vs. CP CN, which he owns. It has more growth potential shipping north-south as opposed to east-west in CP. CP also has a cheaper valuation and is a little less dependent on the prices of commodities. Both perform in line though.

Show full opinionHide full opinion

CN vs. CP CN, which he owns. It has more growth potential shipping north-south as opposed to east-west in CP. CP also has a cheaper valuation and is a little less dependent on the prices of commodities. Both perform in line though.

BUY WEAKNESS
BUY WEAKNESS
July 12, 2019

He owns this and CSX, because he wants U.S. exposure (and doesn't own CP, because it's more east-west Canadian). The rails offer good exposure to the general economy. Given the lack of pipelines in Canada, shipping oil by rail adds 3-4% to earnings in the next few years. Around $130 is his target. Buy at $120.

Show full opinionHide full opinion

He owns this and CSX, because he wants U.S. exposure (and doesn't own CP, because it's more east-west Canadian). The rails offer good exposure to the general economy. Given the lack of pipelines in Canada, shipping oil by rail adds 3-4% to earnings in the next few years. Around $130 is his target. Buy at $120.

HOLD
HOLD
July 11, 2019
An excellent business that creates massive value over time. In a downturn, rails will suffer but not as bad as other industrials like, say, automakers. This is the best North American operator with fine assets. Bill Gates' foundation holds 14%, and is the biggest shareholder.
Show full opinionHide full opinion
An excellent business that creates massive value over time. In a downturn, rails will suffer but not as bad as other industrials like, say, automakers. This is the best North American operator with fine assets. Bill Gates' foundation holds 14%, and is the biggest shareholder.
BUY
BUY
July 8, 2019

He really likes the rails. It is basically impossible to build out any more national rail networks. He prefers Canadian rails to the US because they have not been experiencing as much of a volume decline. CNR-T is best in class management. They have more growth opportunities out of their core business. CNR-T and CP-T are his favourite rail picks.

Show full opinionHide full opinion

He really likes the rails. It is basically impossible to build out any more national rail networks. He prefers Canadian rails to the US because they have not been experiencing as much of a volume decline. CNR-T is best in class management. They have more growth opportunities out of their core business. CNR-T and CP-T are his favourite rail picks.

PAST TOP PICK
PAST TOP PICK
July 2, 2019
(A Top Pick Jul 19/18, Up 10%) A terrific business. The lack of pipelines will help CNR, and oil-by-train is environmentally friend. They can increase prices, so there is growth, and face little competition.
Show full opinionHide full opinion
(A Top Pick Jul 19/18, Up 10%) A terrific business. The lack of pipelines will help CNR, and oil-by-train is environmentally friend. They can increase prices, so there is growth, and face little competition.
BUY WEAKNESS
BUY WEAKNESS
June 27, 2019
He likes the rails. He likes the dynamics of moving more freight to rail which continues to be more powerful. He has a rail as a Top Pick today. The group as a whole does not point to recession. They are trading at highs however. This is a group you want to focus on.
Show full opinionHide full opinion
He likes the rails. He likes the dynamics of moving more freight to rail which continues to be more powerful. He has a rail as a Top Pick today. The group as a whole does not point to recession. They are trading at highs however. This is a group you want to focus on.
Showing 46 to 60 of 1,115 entries