October 19, 2017

On Thursday, the S&P 500 was about unchanged while Toronto was up 0.2%.

CN Rail was up 1.6% to $102.64. It’s interesting how some blue chip type companies like this seem to go on rising year after year. In an article I wrote in 2003 called Do As The Rich Do I noted that rich people invest in blue chip stocks and I mentioned CN and Manulife. Adjusted for splits, CN Rail was trading at $11.16 on the date of that old article.

Toll Brothers was up 2.0% after a report that home builder company confidence levels had risen.

AutoCanada was down 1.8%.