Canadian National Is My Top Pick Among Class 1 Railroads

rlesyk Introduction All financial data are reported in Canadian dollars unless otherwise stated. Canadian National Railway (NYSE:CNI) has been my top pick among Class 1 railroads and, as such, it makes up around 7% of my portfolio. Major macroeconomic trends make me consider the whole industry as one poised to keep on growing. The need for environmentally friendly freight transportation, manufacturing nearshoring, and big spending on infrastructure are just three tailwinds we should be well aware of. In thi ...