CANADIAN NATIONAL RAILWAY (CNR) Stocks
ABOUT CANADIAN NATIONAL RAILWAY
Founded hundred years ago in June 1919, Canadian National Railway Company operates a network of track in Canada and the United States. The Company is a Class I freight railway headquartered in Montreal, Quebec that serves Canada and the Midwestern and Southern United States.
The railway operates a fleet of locomotives and railcars that transports forest products, grain and grain products, coal, sulfur, and fertilizers, intermodal, and automotive products.
It is Canada’s largest railway in terms of revenue and size of the rail network, and Canada’s only transcontinental railway company, spanning Canada from the Atlantic coast in Nova Scotia to the Pacific coast in British Columbia across about 32,831 km of track.
OVERVIEW OF CANADIAN NATIONAL RAILWAY
Canadian National Railway Company was referred to as “Canadian National Railways” (CNR) between 1919 and 1960, and as “Canadian National” (CN) from 1960 to the present.
It is a public company with 24 000 employees and as of July 2019 it had a market cap of approximately US Dollar 90 billion Canadian dollars. It was government-owned from its founding to its privatisation in 1995. As of 2019, Bill Gates is the largest single shareholder of CN stock.
The company transports cargo and serves the cities and ports of Vancouver, Prince Rupert (British Columbia), Montreal, Halifax, New Orleans, and Mobile (Alabama), as well as the metropolitan areas of Toronto, Edmonton, Winnipeg, Calgary, Chicago, Memphis, Detroit, Duluth (Minnesota)/Superior (Wisconsin), and Jackson (Mississippi) with connections to various points in North America.
VISION AND VALUES OF CANADIAN NATIONAL RAILWAY
Canadian National Railway Company realise that rail has the potential to reduce the environmental impact of transportation. As one of the most efficient and environmentally friendly ways to move goods, the company offers sustainable transportation solutions today and into the future.
They think and act in the interest of generations to come and recognise the important responsibility to minimise the impacts of operations and provide cleaner, more sustainable transportation services to customers.
They take effort to touch people’s lives positively in hundreds of communities across North America.
Canadian National Railway Company adheres to its value chain to ensure the organisation reaches its goals set to meet the current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.
MARKET PERFORMANCE OF CANADIAN NATIONAL RAILWAY
Canadian National Railway Company’s shares are traded on the Toronto Stock Exchange (TSX) under the stock symbol CNR listed in the Transport sector.
Highlights of the company’s recent performance include third-quarter 2019 revenues that increased by four per cent, or CUS Dollar 142 million, to C US Dollar 3,830 million. Diluted earnings per share (EPS) increased by eight per cent (or 11 per cent on an adjusted basis) to CUS Dollar 1.66. Operating ratio was 57.9 per cent, an improvement of 1.6 points.
Operating income increased by eight per cent, or CUS Dollar 121 million, to CUS Dollar 1,613 million. It showed a strong balance sheet with adjusted debt-to-adjusted-EBITDA of less than 2.0X.
Due to Canadian National Railway Company’s continued performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.
Buy CANADIAN NATIONAL RAILWAY stocks / shares – A Step by Step Guide how to Buy / Purchase CANADIAN NATIONAL RAILWAY Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy CANADIAN NATIONAL RAILWAY Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CANADIAN NATIONAL RAILWAY STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE CANADIAN NATIONAL RAILWAY STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CANADIAN NATIONAL RAILWAY stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy CANADIAN NATIONAL RAILWAY stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?