Topic: Dividend Stocks

CANADIAN PACIFIC RAILWAY LTD. $211 – Toronto symbol CP

CANADIAN PACIFIC RAILWAY LTD. $211 (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 170.1 million; Market cap: $35.9 billion; Price-to-sales ratio: 5.6; Dividend yield: 0.7%; TSINetwork Rating: Above Average; www.cpr.ca) has soared 205.8% since we named it our top pick in 2012.

The gain is largely due to CP’s plan to cut costs and improve its efficiency with new locomotives, better tracks, and software that optimizes train loads and speeds.

CP Rail is a buy.

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