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CNI LATEST HEADLINES
CN (CNI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Over time, I've shifted my stock selection philosophy towards quality over value, focusing on companies with moats that reliably compound their bottom lines. Class-1 railroads, such as Canadian National Railway, are highlighted as having wide competitive moats and predictable growth due to consolidation and high barriers to entry. I've been buying shares of CNI during its recent sell-off, believing that it has the potential to generate a 20% total return CAGR over the next few years.
DAL, CNI and FWRD have been added to the Zacks Rank #5 (Strong Sell) List on October 13, 2023.
With farmers and the barge industry again grappling with low Mississippi River water levels, grain shipments could be shifted to rail and truck, according to TD Cowen.
A major system outage affected some of the busiest rail routes in Canada on Tuesday afternoon. Toronto commuters experienced extensive rush-hour disruptions as the city's regional rail system grappled with a "network-wide system failure.
While up on the year, transportation stocks continue to trail the market. The S&P Transportation Index is up 10% in 2023, but over five years, the index is up only 12%.
Investor-friendly steps and solid liquidity boost Canadian National (CNI).
CN (CNI) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Mike Cory, the newly hired COO of CSX, is a seasoned railroad executive with more than 40 years of operations experience.
In this article, we will look at the current situation of Canadian National Railway. We keep on using Warren Buffett's investing criteria to assess publicly traded railroads, which made us found Canadian National to have the best overall scores. Declining rail traffic and Canadian National has lost almost 10% YtD, which is unusual for the stock.