Post by
Justhalffull on Apr 26, 2021 11:25am
combination
CN will release results today for first Q 2021. Look for great Q1. Carloadings up over 8% in Q1, and automotive traffic up a whopping 275%. This on top of the KC merger news, which in the past week has garnered over 400 letters of support to the STB from customers, suppliers and others, indicates good times ahead for CN. Recent pullback, not uncommon when large takeover offers first appear, presents a good buying opportunity for CN shares. Look for new highs during the coming summer, with possibility of $200 before year end for CN.