There are many reasons why legendary investor Warren Buffett favors railroads. But greater oil production has never listed as one of those factors. But train stocks such as CSX (NYSE: CSX), Union Pacific (NYSE: UNP) and Norfolk Southern (NYSE: NSC) have all done very well due to greater fuel production in the United States. This […]
Aug
14
0
A recent article detailed why long term investors should be bullish on CSX Corp. (NYSE: CSX), a major railroad based out of Jacksonville, Florida. For many of the same reasons, long term investors should also aboard Norfolk Southern (NYSE: NSC), for which should also be a profitable long term rise. It certainly has been so […]
Aug
13
0
There is a reason that legendary investor Warren Buffett has loaded the portfolio of Berkshire Hathaway (NYSE: BRK-A) with railroad stocks. The industry has done well in the economic recovery with companies such as CSX (NYSE: CSX) positioned well. Shareholders of CSX have already gained from owning the stock. CSX is up for the last […]