July 30, 2017 including update for CN rail

Canadian National Railway Company is updated and rate Weak Buy / Hold. It’s a great company and should be a good long-term investment. It had a blow-out quarter in Q2 with traffic and earnings up strongly. However they are projecting only very modest gains the rest of this year. My experience has been that they tend to exceed guidance.

On Friday, the S&P 500 was down 0.1% and Toronto was down 0.4%.

Couche-Tard was down 2.0% and Wells Fargo was down 2.6%.

This week and next will feature a number of Q2 earnings reports.