Activist should deepen value

CANADIAN PACIFIC RAILWAY, $104.21, (Toronto symbol CP; shares outstanding: 929.7 million; Market cap: $95.9 billion; Rating: Above Average; Dividend yield: 0.7%) is still a buy.
U.S.-based activist investor Bill Ackman, through his Pershing Square hedge fund, now owns 2.8 million shares of CP. He also owns forward contracts… Read More

Two blue chips for safety-conscious gains

CP Rail is well positioned to keep weathering any COVID-19-related slowdowns or disruptions to its shipping markets. Metro is in a similarly strong position as it continues to build on its market position as an essential service during the pandemic. Both stocks are still buys.
CANADIAN PACIFIC… Read More