Rockwell Automation (ROK)

[Investorman]

I have been thinking more about railroads.......

OK - Buffet's plunge into BN got me started. Motley Fool likes Canadain National (CNI) and I have done some looking at it and am getting more interested as I look. They currently have a net profit margin of 26%. There are a number of reasons why CNI is really attractive so I might take the plunge.

Canadian National Railway Company (CN) directly and through its subsidiaries, is engaged in the rail and related transportation business. CN’s network of approximately 20,400 route miles of track spans Canada and mid-America, connecting three coasts: the Atlantic, the Pacific and the Gulf of Mexico. The Company’s network, in addition to co-production arrangements, routing protocols, marketing alliances and interline agreements, provide CN customers access to all three North American Free Trade Agreement (NAFTA) nations. CN’s freight revenues are derived from the movement of a portfolio of goods, including petroleum and chemicals, grain and fertilizers, coal, metals and minerals, forest products, intermodal and automotive. During the year ended December 31, 2007, no individual commodity group accounted for more than 20% of revenues.