Benefit from our top picks for 2019

Article Excerpt

Once again, we highlight three #1 stocks for 2019, with one for each of our portfolios—Conservative, Aggressive and Income. All three offer a strong combination of long-term growth at a reasonable price. That should help them rise above the current stock market uncertainty to thrive this year and beyond. CANADIAN PACIFIC RAILWAY LTD. $252 (Toronto symbol CP; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 142.6 million; Market cap: $35.9 billion; Price-to-sales ratio: 5.1; Dividend yield: 1.0%; TSINetwork Rating: Above Average; www.cpr.ca) transports freight over a 22,000-kilometre rail network between Montreal and Vancouver as well as to hubs in the U.S. Midwest and Northeast. Bulk commodities, such as grain, coal, potash and fertilizers, supply roughly 44% of CP’s revenue. Merchandise such as automotive equipment, metals, consumer products and forest products accounts for a further 35%. The remaining 21% comes from intermodal traffic, which consists of containers that travel by rail, ship and truck. CP stands to gain from increasing volumes of grain: In the past…