The Successful Investor Hotline – Friday, March 14, 2014

Article Excerpt

CANADIAN PACIFIC RAILWAY LTD., $169.99, Toronto symbol CP, and CANADIAN NATIONAL RAILWAY CO., $61.98, Toronto symbol CNR, have had trouble shipping last year’s record grain harvest on the Prairies to Canada’s west coast due to bad winter weather. To help clear the backlog, Ottawa now plans to fine CP and CN if they fail to ship a minimum amount of grain per day. The railways already plan to increase shipments as the weather improves, so any fines should be small next to their earnings. CP Rail and CN Rail are still buys. Please make sure you are logged in to your account to access these articles. Click here if you’ve lost your password. CP Rail was recently covered in the February 2014 issue of The Successful Investor. Click here to access it. CP Rail was recently covered in The Successful Investor Hotline for January 31, 2014. Click here to access it. CN Rail was recently covered in The Successful Investor Hotline for February 21, 2014. Click…