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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (107730)5/26/2021 2:09:00 PM
From: Goose94Read Replies (1) of 202925
 
Canadian National Railway (CNR-T) top pick from Kevin Burkett on BNN.ca Market Call Wednesday May 26th @ 1200ET

CNR had been at nearly 150 before the Kansas City Southern deal sank shares lower. We categorize this as a special situation, given the KSU (Kansas City Southern) transaction. I see this as a window of opportunity to a acquire shares in our favourite stock in Canada. The board of KSU favored the CNR deal over that offered by CP Rail. My take: if KSU fails – it’s a win. If KSU succeeds, then they blocked CP and now have a leg into Mexico. CNR is a rail footprint, an irreplaceable asset base, which also makes sense for ESG- rail is the most efficient way to transport goods. I prefer CNR to CP because I consider the assets higher quality and prefer management.
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