Canadian National Is My Top Pick Among Class 1 Railroads [Seeking Alpha]
Canadian National Railway Company (CNI)
Last canadian national railway company earnings: 4/27 04:01 pm
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US:NYSE Investor Relations:
cn.ca/en/investors
Company Research
Source: Seeking Alpha
CNR has a conservative balance sheet and focuses on efficiency, leading to steady dividend growth and high return on invested capital. Despite a challenging year in 2023, CNR's net income increased and the company expects growth in 2024. Introduction All financial data are reported in Canadian dollars unless otherwise stated. Canadian National Railway ( NYSE: CNI ) has been my top pick among Class 1 railroads and, as such, it makes up around 7% of my portfolio. Major macroeconomic trends make me consider the whole industry as one poised to keep on growing. The need for environmentally friendly freight transportation, manufacturing nearshoring, and big spending on infrastructure are just three tailwinds we should be well aware of. In this article, I would like to share an update on the stock, given its recent results and the most recent weekly rail traffic data, to see if things are picking up speed once again after a slow 2023. How And Why I Invested In Canadian Nationa
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CNI
News
- CN Announces Election of DirectorsGlobeNewswire
- Canadian National Railway: Valuation Dip Is An Opportunity [Seeking Alpha]Seeking Alpha
- Canadian National Railway Company (TSE:CNR) Just Released Its First-Quarter Earnings: Here's What Analysts Think [Yahoo! Finance]Yahoo! Finance
- Canadian National (CNI) Q1 Earnings Beat Estimates, Sales Lag [Yahoo! Finance]Yahoo! Finance
- Canadian National Railway First Quarter 2024 Earnings: In Line With Expectations [Yahoo! Finance]Yahoo! Finance
CNI
Earnings
- 4/23/24 - Beat
CNI
Sec Filings
- 4/26/24 - Form 6-K
- 4/26/24 - Form 6-K
- 4/23/24 - Form 6-K
- CNI's page on the SEC website