CNR Update September 15, 2015

The report on Canadian National Railway Company is updated and remains rated Buy now at CAN $74.43 or U.S. $ 56.18. The lower Canadian dollar will continue to benefit its results in Q3 and Q4 due to its U.S. operations and will offset what will likely be modestly lower car loadings. In July and August Bill gates substantially increased his already massive investment in this company.

CN is down 7% this year but is up 181% since we rated it a Strong Buy in early 2007 and is up 821% since it was first added to this site 16 years ago though we rated it only a weak buy initially. Its earnings per share have powered higher over the years like a train climbing a mountain. There can be the occasional switchback but overtime it just keeps on rising.