cp rail
CP continues to benefit from strong demand and higher prices for its crude-by-rail services and other shipping. Limited industry competition and the company’s focus on improving its efficiency also bode well for its future profits and CP’s share price.
CANADIAN PACIFIC RAILWAY $315.11 (Toronto symbol CP; shares outstanding: 147.7 million; Market cap: $43.5 billion; TSINetwork Rating: Above Average; Dividend yield: 1.1%; www.cpr.ca) ships freight over a 22,000-kilometre rail network between Montreal and Vancouver, with links to hubs in the U.S....
CANADIAN PACIFIC RAILWAY $315.11 (Toronto symbol CP; shares outstanding: 147.7 million; Market cap: $43.5 billion; TSINetwork Rating: Above Average; Dividend yield: 1.1%; www.cpr.ca) ships freight over a 22,000-kilometre rail network between Montreal and Vancouver, with links to hubs in the U.S....
The lack of new pipeline capacity in Canada and parts of the U.S. continue to force oil producers to transport more of their crude by rail.
The situation is likely to continue for some time, as both Enbridge and TC Energy (formerly TransCanada) face strong legal and environmental opposition to their proposed new pipelines....
The situation is likely to continue for some time, as both Enbridge and TC Energy (formerly TransCanada) face strong legal and environmental opposition to their proposed new pipelines....
CANADIAN PACIFIC RAILWAY $300.24 (Toronto symbol CP; Shares outstanding: 147.7 million; Market cap: $42.0 billion; TSINetwork Rating: Above Average; Dividend yield: 0.9%; www.cpr.ca) ships freight over its 22,000-kilometre rail network between Montreal and Vancouver, with links to hubs in the U.S....
Once again, we highlight three #1 stocks for 2019, with one for each of our portfolios—Conservative, Aggressive and Income.
All three offer a strong combination of long-term growth at a reasonable price. That should help them rise above the current stock market uncertainty to thrive this year and beyond.
CANADIAN PACIFIC RAILWAY LTD....
All three offer a strong combination of long-term growth at a reasonable price. That should help them rise above the current stock market uncertainty to thrive this year and beyond.
CANADIAN PACIFIC RAILWAY LTD....
The Bank of Canada increased its benchmark interest rate in October 2018 from 1.50% to 1.75%. That rate could rise further in 2019 depending on economic growth and the level of unemployment.
We continue to caution against investing in bonds. Today’s still-low interest rates make them unattractive, and rising interest rates will push down their future value....
We continue to caution against investing in bonds. Today’s still-low interest rates make them unattractive, and rising interest rates will push down their future value....
CP reported record revenue in the latest quarter, with increases across all of its businesses. Despite rising fuel prices, profits also hit a new high, with overall costs dropping to record lows. That performance bodes well for the company as demand for rail shipments moves up in the expanding economy....
LOBLAW COMPANIES $64.70 (Toronto symbol L; Shares outstanding: 374.8 million; Market cap: $24.3 billion; TSINetwork Rating: Above Average; Dividend yield: 1.8%; www.loblaw.ca) operates 1,083 supermarkets across Canada. It also owns the Shoppers Drug Mart chain of 1,335 drugstores.
Health Canada has now awarded Shoppers Drug Mart a licence to produce medical cannabis....
Health Canada has now awarded Shoppers Drug Mart a licence to produce medical cannabis....
CENOVUS ENERGY $13.42 (Toronto symbol CVE; Shares outstanding: 1.2 billion; Market cap: $16.5 billion; TSINetwork Rating: Average; Dividend yield: 1.5%; www.cenovus.com) has signed three-year deals with CN Rail (symbol CNR on Toronto) and CP Rail (symbol CP on Toronto) to transport 100,000 barrels per day of crude from Northern Alberta to the U.S....
The Bank of Canada increased its benchmark interest rate in July 2018 from 1.25% to 1.50%. That rate could rise further later this year on stronger economic growth and low unemployment. Inflation has also moved up steadily, sitting at 3.0% in July 2018.
We continue to caution against investing in bonds....
We continue to caution against investing in bonds....
CP’s stock hit a new all-time high of $270 in August 2018. Even so, we think it still has more gains ahead.
The company continues to upgrade its operations, including a big investment in new grain railcars. Those investments will help it cope with rising fuel costs and bad weather....
The company continues to upgrade its operations, including a big investment in new grain railcars. Those investments will help it cope with rising fuel costs and bad weather....