Canadian National Railway Company (CNI): A Bull Case Theory

We came across a bullish thesis on Canadian National Railway Company (CNI) on Substack by Kay Kay. In this article, we will summarize the bulls’ thesis on CNI. Canadian National Railway Company (CNI)'s share was trading at $99.76 as of Feb 27^th. CNI’s trailing and forward P/E were 20.35 and 18.05 respectively according to Yahoo Finance.

[caption id="attachment_1235656" align="aligncenter" width="768"] A slow moving freight train, revealing the importance of railway equipment.[/caption]

Canadian National Railway (CNI) is North America’s premier railroad operator, with a vast...