eResearch Chart-of-the-Day Spotlights Canadian Pacific Railway Limited


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TSX:CP / NYSE:CP
07/09/2014 [ACCESSWIRE] TORONTO, ON / ACCESSWIRE / July 9, 2014 / eResearch Corporation’s latest Chart of the Day reports on Canadian Pacific, a trans-continental railway in Canada and the United States with direct links to eight major ports. The largest contributor to CP's revenue is generated from bulk shipping, accounting for about 40% of total revenues.

The report references Richardson GMP’s latest Weekly Market Insights report, which posed the question: "Canadian rail stocks are trading near all-time highs, are they beginning to look too expensive?" In response, eResearch analyzes six technical charts and provides conclusions for short-term traders and longer-term investor.

View the analysis here:  Canadian Pacific Railway

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eResearch: Bob Weir, CFA
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email: bweir@eresearch.ca

 

SOURCE: eResearch Corporation   

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