Canadian Pacific Kansas City Ltd
CP: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| CAD 554.00 | Fsqv | Fvvsvdsw |
Canadian Pacific's Intermodal Activity Stabilizing; 2024 Growth Outlook Favorable
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Business Strategy and Outlook
Following the appointment of railroading legend Hunter Harrison as CEO in 2012, Canadian Pacific embarked on a successful profitability turnaround. Initially upon taking the helm, Harrison closed numerous intermodal terminals and hump yards to rightsize the network. He also sold nonessential rail lines, turned over leadership, and rightsized the workforce and overall asset base.