Q: CN Rail stock has retreated to $140 from a high of $154, over past 4 weeks.
It dropped 4%, in Tuesday's trading.
Is there any company specific reason to worry or it's the Transports/Market in general ? Do you expect the trend to reverse anytime soon ?
Could you also explain the relationship between Oil prices and rails ?
Thank You
It dropped 4%, in Tuesday's trading.
Is there any company specific reason to worry or it's the Transports/Market in general ? Do you expect the trend to reverse anytime soon ?
Could you also explain the relationship between Oil prices and rails ?
Thank You