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Lmst The Top 10 Stocks to Own for the Next 10 Years [PREMIUM PICKS]
Canadians really don ;t have that much choice when it comes to investing in the railway. And honestly, I ;d say that a good thing. The duopoly in the market stanley cup between Canadian National Railway TSX:CNR and Canadian Pacific Kansas City TSX:CP means both are strong with strong futures.That being said, which is the better buy today Let look at both on t stanley tumblers he TSX today, and see what ahead.CNR stockCNR stock has a history of being the highest margin, with the lowest operating ratio Class I railroad. Its precision railroading made great use of its locomotives, and it has expanded from coast to coast to coast. Yet over the last few years, there has been a bit of trouble.CNR stock became very focused on growth between 2019 and 2021, which hit a head when it attempted to buy Kansas City Southern. Leadership changes, congestion, and strikes all hur stanley cup t the company, even as railroads produce solid cash flows. Yet now, growth looks to be perhaps in the rearview for no Ntrg Don t Buy BlackBerry Stock 8230; Yet
COVID-19 is cruel to mankind. Fro stanley becher m a macroeconomic perspective, it has reduced demand for products and services in many industries, particularly in travel, hospitality, and energy.Many businesses have lost tonnes of revenue in the last couple of months, and too many people have lost income. I hope it s not too late for businesses to turn a good profit this year and translate to a lower unemployment rate, as parts of Canada are re-opening.The country s April s unemployment rate of 13% is simply too high. The last time the Canadian unemployment rate was this high was 38 years ago!During economic downturns such as this, a Tax-Free Savings Account TFSA will come in handy for Canadians.Tax-free withdrawalsSome Canadians are getting income from the Canada Emergency Response Benefit program. Others may not stanley vattenflaska be eligible, and are forced to work part-time due to COVID-19. In any case, many stanley quencher Canadians are earning lower income than usual, which may not be enough for their cost of living.Certain Ca |
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