CP

CANADIAN PACIFIC RAILWAY $84.20, is still a buy. The company (Toronto symbol CP; shares outstanding: 666.9 million; Market cap: $56.0 billion; Rating: Above Average; Dividend yield: 0.9%) has won its takeover battle for U.S.-based railway Kansas City Southern (New York symbol KSU)....

The Bank of Canada cut its benchmark interest rate to 0.25% in early 2020. That was meant to support economic activity after COVID-19 hit. Whether the bank continues to hold that rate steady, cuts it further or raises it depends on Canada’s economic growth and employment levels....

A: The share price, in and of itself, is a somewhat arbitrary way to look at the worth of a stock.

For instance, CP Rail recently split its shares on a 5-for-1 basis. That means that its share price is now $90.86—rather than the $454.30 it would be if the split hadn’t occurred.

However, shareholders still hold an equivalent stake in the company—the market capitalization of CP Rail (shares outstanding times the current price) is unchanged.

Looking at TD Bank, $83.33, symbol TD on Toronto (Shares outstanding: 1.8 billion; Market cap: $151.5 billion; www.td.com), it’s noteworthy that it’s the only one of the Big Five banks to have a stock split in the last 10 years—the stock split 2-for-1 in 2014....

A: The PIMCO Global Short Maturity Fund (Canada) ETF, $19.75, symbol PMNT on Toronto (Units outstanding: 2.8 million; Market cap: $55.3 million; www.pimco.ca) began trading on the Toronto exchange on February 1, 2019....

CP recently lost out to CN Railway in its bid to take over U.S. railway Kansas City Southern. But CP showed strong discipline in not over-bidding—plus, it pocketed a $750 million U.S. break-up fee from Kansas City Southern after that firm accepted the rival offer....

CANADIAN PACIFIC RAILWAY LTD. $90 is your #1 Conservative stock for 2021. The company (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 666.6 million; Market cap: $60.0 billion; Price-to-sales ratio: 7.9; Dividend yield: 0.8%; TSINetwork Rating: Above Average; www.cpr.ca) transports freight over a 23,700-kilometre rail network between Montreal and Vancouver, and to its hubs in the U.S....

The major Canadian and U.S. stock markets have moved back up since their initial COVID-19 drop. Nonetheless, we think that if you can afford to stay in the market for several years or longer, now is still a good time for new buying. We see ETFs as one way for you to profit from the continuing rise, while at the same time cutting your risk....

CANADIAN PACIFIC RAILWAY $468.87, is a buy. The company (Toronto symbol CP; shares o/s: 135.6 million; Market cap: $61.6 billion; Rating: Above Average; Dividend yield: 0.8%) recently offered to acquire U.S.-based railway Kansas City Southern (New York symbol KSU) for roughly $29 billion U.S....

CP’s shares fell slightly after it announced it would merge with U.S. railway Kansas City Southern. Investors initially thought CP was paying too much. However, the stock quickly recovered as investors realized the major long-term benefits of this takeover.


The combined company will be able to better serve a wider range of customers in more parts of North America....

The major Canadian and U.S. stock markets have moved back up since their initial COVID-19 drop. Nonetheless, we think that if you can afford to stay in the market for several years or longer, now is still a good time to buy. We see ETFs as one way for you to profit from that rise, while cutting your risk.


The best of these funds offer a diversified group of stocks while charging you low management fees....