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Bullboard - Stock Discussion Forum Canadian National Railway Co T.CNR

Alternate Symbol(s):  CNI

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... see more

TSX:CNR - Post Discussion

Canadian National Railway Co > Blowout quarter most likely...
View:
Post by Lostintime on Jan 24, 2023 8:51am

Blowout quarter most likely...

Load up before the release....Expect another record 4th quarter. Easy beat 2021 4th quarter on all metrics. Full year will be 

Another dividend increase. I call $170 on the open Jan 25.
Comment by Buyreallow on Jan 24, 2023 2:38pm
Day traded it today for a $2.10 profit.  Intended to hold till tomorrow, but when I saw what happened to UNP after their release, I got cold feet.  GL in any event.
Comment by Buyreallow on Jan 25, 2023 9:42am
Seems my cold feet turned out to be correct.  Down nearly 3.5% (5.38) in early trading.  While results were generally good and they raised the dividend by 8%, their 2023 guidance was Meanwhile, BMO raises price target to $180 and maintains outperform rating.   Currently trading on TSX at near $160.
Comment by Buyreallow on Jan 25, 2023 2:54pm
Down over 8.00 now, almost 5%.  Seems a bit overdone.
Comment by ghostzapper on Jan 25, 2023 7:20pm
On a contrarian note, the NCIB will be buying cheaper shares.
Comment by rad10 on Jan 28, 2023 8:56am
  this is a SWAN stock and one of our biggest holdings.  If people want to flip it that's good for them.  We all know day traders are overwhelmingly unsuccessful. Great results, great outlook.