05:44:15 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Canadian National Railway Company
Symbol CNR
Shares Issued 814,683,287
Close 2014-10-17 C$ 73.60
Market Cap C$ 59,960,689,923
Recent Sedar Documents

Successful Inv says buy Canadian National Railway

2014-10-20 18:25 ET - In the News

The Successful Investor, in its October, 2014, issue, says buy Canadian National Railway Company, recently $80. The Investor said buy 14 times from May, 2003, to January, 2014, at prices ranging from $45 to $96 (the stock split 1.5 for 1 on Feb. 19, 2004, and 2 for 1 on Feb. 20, 2006). Assuming an investment of $1,000 for each of the 14 buys, the $14,000 position would now be worth $22,000. The railway is now 13 per cent owned by Microsoft co-founder Bill Gates. Ottawa limits any single shareholder from owning more than 15 per cent, so Mr. Gates has little room to increase his interest. Still, his involvement in CN has helped draw investor attention to the company's strong long-term prospects. The stock remains a buy.

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