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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (108184)6/17/2021 1:25:17 PM
From: Goose94Read Replies (1) of 202736
 
Canadian National Railway (CNR-T) top pick from Paul Harris on BNN.ca Market Call Thursday June 17th @ 1200ET

The rail industry has positive fundamentals that we expect will drive long-term growth in free cash flow: limited and rational competition, high barriers to entry, sustainable growth in demand. These fundamentals help drive rate increases and margin expansion which drive free cash flow growth. The stock trades at 20 times 2022 earnings and has a yield of 1.7 per cent.
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