Riding Canadian National Railway
Summary
- I review my investment in Canadian National Railway and decide not to buy more or sell due to available alternatives.
- The company's revenue, operating income, and net income have increased, but debt has also increased by nearly 18%.
- The stock is currently cheaper than when I last purchased, but the analyst community's optimistic forecast and lower dividend yield concern me.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of CNI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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