12 Best Global Stocks to Buy According to Hedge Funds

Page 8 of 12

5. Canadian Pacific Kansas City Limited (NYSE:CP)

Number of Hedge Fund Holders: 74     

Canadian Pacific Kansas City Limited (NYSE:CP) owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. In the fourth quarter of 2024, revenues increased by 3% to $3.9 billion from $3.8 billion in the fourth quarter of the previous year. In February, the company announced that it had reached a tentative four-year agreement with the United Steelworkers (USW) covering clerical and intermodal employees in Canada. In the same month, the company officially opened the Patrick J. Ottensmeyer International Railway Bridge with a ceremonial ribbon cutting over the Rio Grande. The $100 million bridge, named after the final KCS president and CEO, who passed away in July 2024, is the only railroad bridge connecting Laredo, Texas, and Nuevo Laredo, Tamaulipas.

Page 8 of 12