Today, The Panic-Proof Portfolio (Stockchase Research) and Norman Levine commented about whether BHP-N, TOU-T, BRK.B-N, ALC-T, EL-N, MRE-T, STLC-T, RIO-N, BCE-T, T-T, BRK.B-N, SNY-N, ENB-T, MCD-N, PKI-T, POW-T, NVO-N, MFC-T, CNR-T, MG-T, BDT-T, GPS-N, LRCX-Q, TUP-N are stocks to buy or sell.
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.