Canadian National: Easing Comps, Growth Initiatives And Reasonable Valuation
CNICanadian National Railway pany(CNI) Seeking Alpha·2024-07-03 02:14

CHENG FENG CHIANG Investment Thesis Canadian National Railway Company (NYSE:CNI) should see a meaningful acceleration in growth moving ahead. The company's revenue growth should benefit from easing Y/Y comparisons in the coming quarters. Further, company-specific initiatives like the West Coast expansion project and strategic partnerships should also contribute to revenue growth. The pricing outlook also remains positive, with the company continuing to implement price increases above inflation. On the margi ...