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Canadian National Railway Co T.CNR

Alternate Symbol(s):  CNI

Industrials Railroads
Canadian National Railway Company is a transportation and logistics company. The Company's services include rail, intermodal, trucking, and supply chain services. The Company’s rail services offer equipment, customs brokerage services, transloading and distribution, private car storage and others. Its intermodal container services help shippers expand their door-to-door market reach with about 23 strategically placed intermodal terminals. Its intermodal services include temperature-controlled cargo, port partnerships, logistics park, moving grain in containers, custom brokerage, transloading and distribution, and others. Its trucking services include door-to-door service, import and export dray, interline services, and specialized services. Its supply chain services offer comprehensive services across a range of industries and product types. It transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year.


TSX:CNR - Post by User

Canadian National Railway Co > Is this a good entry point
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Comment by tbnorthstaron May 25, 2021 12:31pm
137 Views
Post# 33260290

RE:Is this a good entry point

RE:Is this a good entry point
tkjcabot wrote: CNR has won the bidding war - at least for now  and it is trading well below its 200 day moving average of $138.
Considering that that a chart of the company's PE points to a  low PE ratio  of  18  and the  Projected 2022 EPS is 6.65, and that suggests a low price of ~ $120.
The accquision may effect the earnings in the short term, but being able to buy this below $120 woulf be a gift.
In fact I'm happy buying this at market being $125.80 in fact I would buy all the way up to $138
I'm in the proces of developing a spreadsheet that points to a possible entry and exit points 





Market is angry and having a hissy fit here. This could continue for months and months as the story plays out. I will be a buyer of additional shares if we see sub 125.00 moving forward, the lower, the better. Am a long time shareholder and will continue to be one....

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