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Canadian Pacific demonstrates that the rail revival is not U.S.-centric |
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| Jun 05, 2008 11:44 AM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Stocks to Buy  Readers of this space know that the railroad sector is one of the preferred sectors. After decades of unconscionable neglect, U.S. railroads are experiencing a resurgence, driven by international trade, commodities transport, and the rail's cost advantage over truck transport. Further, the revival of the rails is not exclusive to one nation in North America. Canada also is seeing a healthy growth in railroad services and Canadian Pacific (NYSE: CP) is worth a review. Analysts see 4-6% revenue growth for CP in 2008, in Canadian dollars, with grain, fertilizer and oil sands related shipment gains offsetting declines in forest products. Another positive: analysts also expect CP to continue to improve rail system efficiency and fluidity, will overall better asset utilization Continue reading Canadian Pacific demonstrates that the rail revival is not U.S.-centric Permalink | Email this | Comments<map name="google_ad_map_145-1215968"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1215968?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map> 
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