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Canadian Pacific Railway Limited (CP.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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92.21-1.75 (-1.86%)
At close: 04:00PM EDT

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  • B
    Bemo
    🚨- Thursday’s triple bottom bounce off that $67.00 USD price, which converts to $91.89 CAD is suggesting buying pressure has come in. CP has had a double top and triple bottom all in the last 52-weeks! This is a decent time for a long position CP entry IMO.
  • Z
    Zakaria
    MASSIVE order are coming in at the close, huge volume. Large institutions on the move again🤑🚀
  • D
    Derek
    Hurricane Ian has caused shutdowns of ports and railways in the US southeast, further snarling up supply chains.
    But of course, Cdn. farmers don't care why or how....the world revolves around them, so they'll just whine to Justin twice as hard.

    And he'll come up with some punitive formula for CP not having done more to end the scourge of climate change, which as we all know is responsible for everything bad now....including hurricanes from the Gulf in the fall.
  • J
    Jojo
    PE of 35 and yield of 0.73% seems like there are plenty of better investments out there.
  • T
    Tom
    look for fresh new highs soon?
  • J
    John
    A thought, i could be wrong. CP doing well in a strong oil market. Maybe it's because KCS is moving more oil by rail given their proximity to the Gulf. Market is realizing KCS earnings could be much higher. Anyone know if KCS moves lots of oil by rail? I need to read some old KCS annuals apologies
  • D
    Derek
    And surprise, surprise. The laughably predictable moaning from Cdn grain farmers is a little early, and even a little more intense this year. Forget that CP has spent hundreds of millions renewing and expanding its hopper fleet......the uber drivers are too slow arriving !

    Global crop availability down due to the Ukraine war, and prices therefore sky high, so every farmer wants his grian sold and on a ship. Yesterday.
    Versus the lean years, when they just sit on a good part of their crop, waiting out the market for a better price that doesn't materialize. And then whine to Ottawa over some other indignity that the meanie railways imposed on them.

    And of course Ottawa will ignore all the realities...that the supply chain was already a stemaing pile, that the Port of Vancouver remains the bottleneck, NOT the railways, and that the railways have spent more time and money addressing every unreasonable, never-ending complaint from genetically dissatisfied farmers......and will again pander to them with glee and ignorance.
    God bless farmers! Punish greedy business!

    Beating up railways is just good Canadian politics. Meanwhile, oblicvious taxpayers dole out billions to build and maintian free highways for polluting, dangerous truckers.
  • S
    Steven W
    I'd wait if you are thinking of buying. In general, overall market is still trying to find a bottom.
  • B
    Bemo
    Oops, I was redundant in one post using “me” twice in one sentence, and I mentioned utilizing Technical Analysis in the other post. Was the thumbs down from PSR Derek?
  • s
    sean
    will it go to $90?
  • B
    Barry Allen
    This is the market to buy the dip and hold for the next 2-3 decades. Forward earning still a bit expensive, I’ll wait until it goes to about historic PE ratio.
  • B
    Bemo
    U.S. Rail Workers threatening strike by this Friday! That’s approximately 100,000 rail workers!! Poor UNP getting a real beatdown. Impact to CP-KSU? *50% of all freight is moved by railroad. The U.S. Labor Secretary claims the cost of the strike is $2 billion a day.
  • T
    Tom
    waiting for the pullback to do some buying.
  • E
    Erick
    one month continuous climb...
  • L
    Lonnie
    Hard to believe the STB hasn't granted their merger approval yet? One would think 1 1/2 years is more than enough time? Will be nice to get that approval done, so CP can focus 100% on operating a world class railroad!
  • T
    Tom
    We are "oversold" here
    Buy
  • T
    Tom
    103.00 cad. next stop ???
  • T
    Tom
    buying back
    99.00-101.00
  • T
    Tom
    Next buy level
    70.0"s
  • T
    Tom
    Up up and away to fresh new highs.