CP – 5 to 1 split (more)

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Bonjour Mat!

Merci pour ta rΓ©ponse! I know what is a split. I wanted to know what you think about this split and CP stock in general. CP graph is pretty amazing. The split will allow smaller investors to buy shares of CP. You really think that this will not have a little push up on the stock price, at least on the short term? Just now today, the stock is up $25 (6%) to $450!!!

Merci!

Claude

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Asked on January 28, 2021 11:44 am
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Thanks Mat! CP went down a bit Friday. I think I will buy some Monday... for the split and for the longer term potential.

Happy investing!

Claude :)

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Posted by Claude Lapointe
Answered on January 30, 2021 11:47 am
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Thanks Mat! CP went down a bit Friday. I think I will buy some Monday... for the split and for the longer term potential.

Happy investing!

Claude :)

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Posted by Claude Lapointe
Answered on January 30, 2021 11:47 am
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Avec plaisir!

Honestly, CP is just a solid stock over all. The stock split may increase the short term interest on the stock, but this is simply put a blue chip stock that is going to continue doing well as it has a considerable moat. Split or not, CP and CNR are as close to buy at any time, set and forget stocks that you can find in the market.

Mat

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Posted by Mathieu Litalien
Answered on January 28, 2021 2:27 pm
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Avec plaisir!

Honestly, CP is just a solid stock over all. The stock split may increase the short term interest on the stock, but this is simply put a blue chip stock that is going to continue doing well as it has a considerable moat. Split or not, CP and CNR are as close to buy at any time, set and forget stocks that you can find in the market.

Mat

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Posted by Mathieu Litalien
Answered on January 28, 2021 2:27 pm