Top Stock Picks for November

We asked our best analysts to share their favourite stocks this month. Here are their top ideas.
Joseph Solitro: Canadian National Railway Company (TSX: CNR)(NYSE: CNI)
Canadian National Railway Company (TSX: CNR)(NYSE:CNI) operates one of the largest rail networks in North America and growing demand for its services has led to significant financial growth in 2014. In fact, in its most recent quarterly release on October 21, earnings per share increased 20.9% and revenue increased 15.6% compared to the same period a year ago.
Strong earnings reports like this have led to Canadian National’s stock price rising more than 25% in 2014, but it still trades at less than 19 times forward earnings estimates, making it a great value play at current levels.
In addition to the upside potential its stock offers, Canadian National pays out a very healthy 1.3% dividend and it has been actively repurchasing its shares, leading to over $1.7 billion in capital returned to shareholders in 2014. This shows that the company is fully dedicated to maximizing shareholder value.  (more)

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