Railroads

[rogermunibond]

Agree on CP and CNI.  Still waiting for them to get as low the December dip from Can/Mex tariff fears.

[Spekulatius]

8 hours ago, rogermunibond said:

Agree on CP and CNI.  Still waiting for them to get as low the December dip from Can/Mex tariff fears.

They both should be lower now because the tariffs are now an unfortunate reality. The economy looks worse too.

Edited 10 hours ago by Spekulatius

[dealraker]

48 minutes ago, Spekulatius said:

They both should be lower now because the tariffs are now an unfortunate reality. The economy looks worse too.

+1  

[KPO]

Generally agree, but down 30% from highs and the lowest valuation by several metrics in a decade suggests it’s starting to get getting overplayed. These assets will be in place and productive long after the tariff war of 2025.  That said, I agree there’s likely more downside, so I’m wading slowly into CNI.

[sleepydragon]

CP’s options are only trading at 30% vol is seems really low. People haven’t been buying protections . Not sure why there’s no fears on this stock..