5 Best Canadian Stocks To Own 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 Dividend]
Big names on the Buyback side were Pfizer (PFE), AbbVie, Canadian National Railway (CNI), Parker Hannfin (PH), Nielsen (NLSN) and CarMax (KMX).
In total, 27 stocks announced a new, additional or increased share buyback program. The total buyback volume for the future is over USD $25 billion.
- [By Teresa Rivas]
This could eventually cut the number of North American Class Is in half, something that the regulators will take under very serious consideration before giving their blessings on the first merger. If a CP-CSX union occurs, Norfolk Southern (NSC) would be the next target, in our opinion, as Canadian National Railway (CNI), Union Pacific (UNP), and [Berkshire Hathaway's (BRKB)] BNSF could each contemplate forming their own transcontinental railway. CP's reported offer to merge with CSX could boost th! e latter's stock price on Monday, while CP shares may underperform the group.
source from Top Stocks For 2015:http://www.topstocksblog.com/5-best-canadian-stocks-to-own-right-now-3.html