Best Canadian Stocks To Buy Right Now: Canadian National Railway Company(CNI)
Canadian National Railway Company, together with its subsidiaries, engages in the rail and related transportation business in North America. It provides transportation for various goods, including petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, and intermodal and automotive products. The company operates a network of approximately 20,600 route miles of track that spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico. It serves the ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), as well as metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth (Minnesota)/Superior (Wisconsin), Green Bay (Wisconsin), Minneapolis/St. Paul, Memphis, and Jackson (Mississippi), with connections to various points in North America. The company was founded in 1922 and is headquartered in Montreal, Canada.
Advisors' Opinion:- [By GuruFocus]
These are the top 5 holdings of Bill Gates
Berkshire Hathaway Inc (BRK.B) - 82,039,804 shares, 48.5% of the total portfolio. Shares reduced by 5.74% Coca-Cola Co (KO) - 34,002,000 shares, 7.0% of the total portfolio. McDonald's Corporation (MCD) - 10,872,500 shares, 5.3% of the total portfolio. Shares added by 10.13% Caterpillar Inc (CAT) - 11,260,857 shares, 5.1% of the total portfolio. Shares added by 4.65% Canadian National Railway Co (CNI) - 17,126,874 shares, 4.9% of the total portfolio.
Added: McDonald's Corporation (MCD)
- [By Jim Jubak]
No one is even remotely close to the 59.8% operating ratio of CN Rail (CNI), the most accomplished railroad in Canada and the United States. From oil and grains, to cars and trucks, it seems like this company ships just about everything. Perhaps that i! s precisely why Jim Jubak agrees with Gordon Pape's 2014 Top Stock Pick and predicts that ongoing productivity in 2014 might propel CN Rail stock up another 20%.
- [By Aaron Levitt]
The first whistle stop for investors could be Canadian National (CNI). As the owner of the two trains that collided in North Dakota, CNI shares fell pretty hard on the crude-by-rail accident and aftermath. However, Canadian National is the largest operator of railways in Canada, giving it unprecedented access to not only Bakken-based crude-by-rail shipments, but oil sands shipments as well. And that makes it one of the best railroad stocks to consider.
source from Top Stocks Blog:http://www.topstocksblog.com/best-canadian-stocks-to-buy-right-now-2.html
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