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6 pts

Opinion on  Canadian National Railway Company Fully Paid (CNI)     Sector: Transportation  >  Industry: Railroads
No stopping this train

Jul 27, 2008 10:32 PM GMT
Return Risk
-0.84% LOW
Analyst

CNI reported a decent quarter in spite of a number of factors that it has been up against:

high fuel prices, bad winter, midwest flooding, drop in auto and lumber shipments

Going forward, the Prince Rupert port looks to have a positive outcome for CNI, especially with respect to agriculture shipments.  If the EJE situation can be resolved to CNI's favor, that'll be a nice pop to their stock price.


CNI:  This call was made on 07/27/08 @ $53.28
Rating:   Positive   $53.28 (07/27/08)
Closed:   03/30/2009 @ $34.93 (-34.44% in 245 days)


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