10 Best Stocks to Buy According to Brasada Capital Management

Page 2 of 10

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

Brasada Capital Management’s Equity Stake: $11.84 million

Number of Hedge Fund Holders: 65

Canadian Pacific Kansas City Limited (NYSE:CP) is one of the Best Stocks to Buy According to Brasada Capital Management. On July 14, analyst Fadi Chamoun from BMO Capital reiterated a “Buy” rating on the company’s stock and has a C$129.00 price target. The analyst’s rating is backed by a combination of factors demonstrating the company’s strong growth prospects and operational excellence. The merger of CP and Kansas City Southern resulted in a significant addressable market, offering opportunities for strong organic volume growth over the upcoming decade. This expansion is aided by Canadian Pacific Kansas City Limited (NYSE:CP)’s extensive land bank, enhancing its ability to address customer supply chain needs.

Canadian Pacific Kansas City Limited (NYSE:CP)’s unique supply chain solutions and best-in-class operational execution place it as a leading growth story in the broader transportation sector, added the firm analyst. Furthermore, it was added that Canadian Pacific Kansas City Limited (NYSE:CP)’s robust FCF conversion and limited capital expenditure pressures hint that it will continue to deliver strong financial performance, making valuation attractive when talking about growth and cash flow capabilities.

Page 2 of 10