Q: CN Rail shares were added to the Income Portfolio, Today.
If you decide to add exposure to rails in the Balanced Portfolio, which Canadian rail would be your preference today and why ?
You had mentioned before that CNR has a cheaper valuation and good dividend yield. But, I would appreciate your reasoning to cover other factors like future growth prospects, geographical considerations and total shareholder returns, as well.
Thank You
If you decide to add exposure to rails in the Balanced Portfolio, which Canadian rail would be your preference today and why ?
You had mentioned before that CNR has a cheaper valuation and good dividend yield. But, I would appreciate your reasoning to cover other factors like future growth prospects, geographical considerations and total shareholder returns, as well.
Thank You
5i Research Answer:
We think both have potential. Over the past decade, CP shares have outperformed. Over the past...