Updates on your Conservative stocks: Canadian National Railway Co., Thompson Reuters Corp. and Loblaw Companies Ltd.

Article Excerpt

CANADIAN NATIONAL RAILWAY CO. $142 (www.cn.ca) is a buy. The railway shipped 3.12 million tonnes of Canadian grain and related products in the month of November 2020. That’s a new record for the month. CN expects grain volumes will continue to improve. As well, its recent purchase of 1,500 high-capacity grain cars will help it handle the higher volumes and improve its efficiency. CN Rail is a buy. THOMSON REUTERS CORP. $104 (www.thomsonreuters.com) remains a buy. The company now focuses on selling specialized information and software to the legal, tax and accounting fields. That follows the sale of 55% of its Refinitiv financial information business to Blackstone Group on October 1, 2018, for $17 billion U.S. Thomson and Blackstone are now merging Refinitiv with the London Stock Exchange. That would give Thomson 15% of the combined entity and let it profit from the new firm’s ambitious cost-cutting plan. The deal will probably close in January 2021. Thomson Reuters is a buy. LOBLAW COMPANIES LTD. $66 (www.loblaw.ca) is a buy. The company has now…