CANADIAN NATIONAL RAILWAY CO. $73 - Toronto symbol CNR

CANADIAN NATIONAL RAILWAY CO. $73 (www.cn.ca) faces several challenges, including falling crude-by-rail volumes and higher safety-related costs. However, CN continues to improve its efficiency with new locomotives and tracks. That should help it reach its goal of increasing its dividend payout ratio to 35% of its earnings before one-time items, up from 27% in 2014.

Buy.

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