Fast Growing Stock in Focus: Canadian National Railway Company (NYSE:CNI)

Shaers of Canadian National Railway Company (NYSE:CNI) have been recommended as a long term growth pick.  With the firm’s stock price currently trading around $80.75, the firm has proven a solid track record of growth over the recent years.  Investors might consider the stock as a long term growth candidate as the firm has yielded 11.60% earnings per share growth over the past 5 years and 5.90% revenue growth over that same time frame. 

Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time.  Long-term growth should be considered to be a relative term, due to different styles and goals of investors, but the endgame is the same. 

A “buy-and-hold” investor will consider long-term growth as a longer time period then a day trader will. The buy-and-hold strategy looks ahead farther into the future, giving short-term price swings less consideration as long as the fundamentals stay the same.  A trader is looking more closely at a weekly, or shorter, time frame and is more interested in immediate price fluctuations.

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, Canadian National Railway Company (NYSE:CNI)’s stock was 19.81%.  Over the last week of the month, it was -1.20%, -3.70% over the last quarter, and  9.18% for the past six months. 

Over the past 50 days, Canadian National Railway Company’s stock is -3.48% off of the high and 2.87% removed from the low.  Their 52-Week High and Low are as follows: -4.42% (High), 30.83%, (Low). 

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $85.19 on the equity.   Analysts have a consensus recommendation of 2.70 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  

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