It's been said before, but it bears repeating for investors who enjoy seeing their stocks head north: Warren Buffett likes the rails -- perhaps you should too, and Canadian Pacific Railway CP, first discussed here on May 1, 2009, at a price of $37.47, is a classic example.
CP's stock accelerated this fall after a period of choppy action this summer, easily took out $60 resistance, and will likely trend toward $80 in 2011.
Look for Canadian Pacific to register an impressive 7% to 9% revenue increase in 2011, after a probable 10% to 12% surge in 2010.
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