1 Magnificent Canadian Stock Down 18% to Buy and Hold for Decades


Source: fool.ca fool.ca

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Canadian National Railway (TSX:CNR) had a tough year in 2024 and the stock has continued to decline in 2025. Contrarian investors are wondering if CNR stock is now oversold and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio focused on total returns. CN stock price Canadian National Railway trades near $135 per share at the time of writing compared to a 12-month high of around $175. The pullback in 2024 was largely due to the impact of labour disputes and wildfires. Strikes at CN and Canadian ports last year and wildfires...