10-08-2014, 12:02 AM
Nice article, I agree with the bullish thoughts on the rails.
I own UNP and NSC and think CSX would be a fine option as well. I chose UNP because of its dominant position the Southwest and trade with Mexico. Think the ongoing boom in oil & gas will continue to drive volumes and pricing power. Chose NSC due to valuation at the time and thought they would see increasing volume due to oil transport to the east coast.
Currently up 45% on NSC and 53% on UNP since purchase last March.
Rail stocks in general are a bit pricey right now but I'm bullish long term on the sector.
I own UNP and NSC and think CSX would be a fine option as well. I chose UNP because of its dominant position the Southwest and trade with Mexico. Think the ongoing boom in oil & gas will continue to drive volumes and pricing power. Chose NSC due to valuation at the time and thought they would see increasing volume due to oil transport to the east coast.
Currently up 45% on NSC and 53% on UNP since purchase last March.
Rail stocks in general are a bit pricey right now but I'm bullish long term on the sector.