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Stock SymbolCanadian Pacific Rail (CP-T)
Source of InformationMarket Call (BNN TV)
T.V. Program Date2017-03-20

There is talk of a merger with CSX (CSX-Q) that is going to take time. Hunter Harrison has his hands full in trying to squeeze costs out of CSX as fast as he did with CP, which has now consolidated. There is now talk that “oil by rail” is going to come back in. There are upticks in industrial activity, which is good for all rail stocks. He is looking hard at this but would like to see some better pricing. He likes other sectors at this time.

Price (as of program date)$195.510
Implied Signal
$ Goal
ExpertLyle Stein
T.V. Program TopicCANADIAN
Expert's BiasCAUTIOUS
Own or RelationshipNo