Canadian National Railway Stock Hits New 52-Week High (CNI)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Canadian National Railway (NYSE: CNI) hit a new 52-week high Tuesday as it is currently trading at $104.35, above its previous 52-week high of $103.70 with 296,301 shares traded as of 10 a.m. ET. Average volume has been 701,200 shares over the past 30 days.

Canadian National Railway has a market cap of $43.55 billion and is part of the services sector and transportation industry. Shares are up 12.9% year to date as of the close of trading on Monday.

Canadian National Railway Company, together with its subsidiaries, engages in rail and related transportation business in North America. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Canadian National Railway as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Canadian National Railway Ratings Report.

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