Is CN Rail stock a good buy?

CN Rail stock retreated around 1. 5% on an upbeat Friday for markets. Indeed, CN Rail is a steady railway play for all types of market environments. With the risk-on appetite and speculative tech stocks leading the rally, it’s been the defensives that many have begun to rotate out of. I think the move out of such blue chips is absurd.

Is Canadian National Railway a good dividend stock?

Overall, a dividend increase is always good, and we think that Canadian National Railway is a strong income stock thanks to its track record and growing earnings. Earnings are easily covering distributions, and the company is generating plenty of cash. All of these factors considered, we think this has solid potential as a dividend stock.

Where is the CN Rail logo located?

RF RAJ25M – MONTREAL, CANADA - NOVEMBER 7, 2018: CN logo in front of their main office for Montreal, Quebec. Also known as Canadian National Railway, it is the ma RF 2K4NC31 – The CN Rail, Canadian National Railway, logo is seen the side of the Gardiner Expressway and parallel railroad tracks in Toronto.

What happened to CN Rail?

CN walked away from KSU. No big deal there. The stock actually saw some relief. But the uncertainty regarding who would replace J.J. Ruest as the top boss was of great concern to shareholders. Recently, CN Rail clocked in solid earnings, with a big announcement: energy veteran Tracy Robinson will be the company’s new CEO.