7 Canada Investments for 2011

I have recommended Canadian National Railway (NYSE: CNI) as one of my top 10 overall investments to subscribers of my Intelligence Report advisory service for three of the last four months. My price charts show that the stock is nearing new highs with more room to run. In July, the board announced the repurchase of 2 million more shares as part of the company’s ongoing 15-million-share repurchase program. CNI saw double-digit growth in its coal, auto, metal and minerals and intermodal freight traffic in its second quarter earnings report. As our resource-rich neighbors to the north continue to power through the economic downturn, rail stocks moving Canada’s commodities will continue to fare well