SA: Canadian Pacific drops amid DOJ call for railroad regulator to block Kansas City deal
SEEKING ALPHA reports: Canadian Pacific (NYSE:CP) dropped 3.2% as the U.S. Dept. of Justice reiterated that the U.S. ...
SEEKING ALPHA’s Leo Nelissen writes:
– Canadian Pacific is my largest supply-chain bet as it benefits from a combination of all North American countries.
– In addition to that, Mexico is one of the biggest beneficiaries of an accelerating supply chain reconfiguration after the pandemic.
– The company is not cheap and suffers from economy-related de-risking, which is good as it comes with new buying opportunities.
On February 24, 2022, I wrote my most recent article covering railroad giant Canadian Pacific Railway Limited (NYSE:CP), which is one of ...