From the Globe and Mail- RBC Dominion Securities Inc. analyst Walter Spracklin rates CN an “outperform,” setting a 52-week price target of $60, or 10.6-per-cent higher than yesterday’s close of $54.26 (Canadian) on the Toronto Stock Exchange Mr Spracklin views Calgary-based CPR as having an uphill climb, giving it a “sector perform” rating, and cutting its 52-week target price to $68 from $73. The new target is a 5.2-per-cent gain from CPR’s close yesterday of $64.65.
I’m wondering if in 10 years, Prince Rupert will be the number 2 west coast port (behind Vancouver), by tonnage? It might be handling 30 million tonnes a year by then.
Stocks to rise??? is this for sure??? I’m going to sell my house and car and invest my retirement funds and buy shares in the companies, can I have your address if they do not rise???
[:)]Nothing, my good man, is sure in the stock market! However, that said, I have had very good experience over the last several years with all six class Is…
The stocks will rise if and only if there is a higher demand for the shares than a willingness to sell. Remember that, it is the only reason that stocks of a company rise.