These safety-conscious stocks remain buys

CANADIAN PACIFIC KANSAS CITY, $115.78, is a buy. The company (Toronto symbol CP; shares outstanding: 932.7 million; Market cap: $106.1 billion; Rating: Above Average; Dividend yield: 0.7%) ships freight over a 32,190-kilometre rail network. That line runs mainly between Montreal and Vancouver, with links to hubs in the U.S…. Read More

CPKC comes with a strong outlook

We’re always wary of big acquisitions like the company’s April 2023 purchase of U.S.-based railway Kansas City Southern for $31 billion U.S. Still, the deal is a rare case: here, the buyer knows nearly as much about the business as the seller. The merger also lets CPKC… Read More