Topic: How To Invest

The Successful Investor Hotline – Friday, June 24, 2022

Article Excerpt

CANADIAN NATIONAL RAILWAY CO., $146.75, Toronto symbol CNR, remains a buy. CN operates Canada’s largest railway. Its 32,200-kilometre network stretches across the country. It also travels down through the U.S. Midwest, connecting Canada to the Gulf of Mexico. About 750 of CN’s signal and communications workers (3% of its total workforce) went on strike last weekend after their union and the company failed to reach a new contract deal. So far, the walkout has had little impact on CN’s operations. However, if the strike disrupts the delivery of essential goods such as grain and crude oil, it’s likely the federal government would ultimately bring in back-to-work legislation. CN Rail is a buy. CN Rail recent coverage: July 2022 issue Hotline for April 29, 2022 LOBLAW COMPANIES LTD., $114.71, Toronto symbol L, is a buy. The company operates 1,092 supermarkets under several banners, including Loblaws, Zehrs, Provigo, Real Canadian Superstore and No Frills. In March 2014, it purchased the Shoppers Drug Mart chain for $12.3 billion in cash…

You are trying to access subscriber-only content.

To read this article, you may subscribe or sign in.
If you are already a subscriber, log in here.

If you wish to become a subscriber, click here. Or you may enjoy access to all our publications when you become a Member of Pat McKeough's Inner Circle Pro.