Canadian Pacific Railway Limited
) was a big mover last session with shares rising over 5% on the
day. The move came on solid volume too with far more shares
changing hands than in a normal session. This breaks the recent
trend of the company as the stock is now trading above the past
one month's volatile price range of $143.86 to $153.70.
This transcontinental railway company has seen a mixed track
record when it comes to estimate revisions of 4 increases and 4
decreases over the last 30 days. Meanwhile, the Zacks Consensus
Estimate has moved lower over the same period. This implies
trouble down the road. So make sure to keep an eye on this stock
going forward to see if yesterday's price action can last.
Canadian Pacific Railway currently bears a Zacks Rank #3 (Hold)
Better-ranked transportation stocks worth considering include
American Railcar Industries, Inc.
Union Pacific Corporation
Kansas City Southern
). While ARII sports a Zacks Rank #1 (Strong Buy), UNP holds a
Zacks Rank #2 (Buy).
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AMER RAILCAR (ARII): Free Stock Analysis
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KANSAS CITY SOU (KSU): Free Stock Analysis
UNION PAC CORP (UNP): Free Stock Analysis
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