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

We came across a bullish thesis on Canadian National Railway Company (CNI) on Substack by Max Dividends. In this article, we will summarize the bulls’ thesis on CNI. Canadian National Railway Company (CNI)'s share was trading at $96.82 as of April 30^th. CNI’s trailing and forward P/E were 19.10 and 16.84 respectively according to Yahoo Finance.

[caption id="attachment_1215979" align="aligncenter" width="768"] A railway track winding through a rough landscape with a freight train in transit.[/caption]

Canadian National Railway (CNI), one of North America's top railroads, has...