Is CNR Overpriced or Just a Defensive Buy?Look, I love CNR’s stability—it’s practically the definition of a defensive stock. But at a P/E of 20, are we paying too much for that safety net? It’s not like railroads are a high-growth play. Maybe I’m overthinking it, but it feels like this might be a good time to wait for a dip. Also, I've been keeping tabs on BOLT.CN; word is it might skyrocket. What’s everyone else doing—holding, buying, or sitting out?