Is Canadian National Railway (CNI) The Best Undervalued Stock to Buy?

We just covered Bill Gates’ 2026 Portfolio: Top 10 Stocks to Buy. Canadian National Railway (NYSE:CNI) ranks #3 (see the Bill Gates’ 2026 Portfolio: Top 5 Stocks to Buy).

Canadian National Railway (NYSE:CNI)’s moat is strong because it hauls essential goods like grain and fertilizers to intermodal freight through its coast‑to‑coast rail systems in the Pacific, Atlantic and Gulf of Mexico. This network allows Canadian National Railway (NYSE:CNI) to bypass the congested Chicago hub more efficiently than competitors. Its moat is strong because it’s nearly impossible to replicate this transcontinental rail infrastructure today due to regulatory and environmental hurdles.

The stock is trading at roughly 17–18x forward earnings, below its 10-year average of 19.4x.

While we acknowledge the risk and potential of CNI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CNI and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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