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1 point   posted on 09/03/08
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28%
-6.66%
 risk: conservative

Railway Stocks


With rising prices in oil, people are moving to cheaper means of transportation to get commodities and other goods throughout the country. It is therefore, why it is a good reason to start to look towards the Railway industry to take advantage. The railway industry is not terribly dependent on commodity bull but more against its alternative (other fuel transportations)..I really like CSX but there are others out there..Would love to hear what other people know or would suggest.
  Related to:  
CSX CSX Corp.
CNI Canadian National Railway Company Fully Paid
IYT iShares Dow Jones Transportation Average Index Fund
BNI Burlington Northern Santa Fe Corp


Comments (6)

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Gekko
Walter Thatcher   74%     0 point   commented 459 days ago reply

Michael Brush wrote last year about Buffett buying railroad stocks.

http://articles.moneycentral.msn.com/Investing/CompanyFocus/BuffettOnRightTrackBuyingRailStocks.aspx
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Space-monkey
spacemunkey   57%     1 point   commented 459 days ago reply

Short term: I would argue that while oil prices are slumping, this is NOT a good time to pick up Railways. I think we missed the "gravy train" by about 12 months. Seems like the rails are alittle over bought right now and if oil drops to 80 dollars a barrel most short term investors will sell there rail and buy either truck or air.
Long term is a different story. Rail is very mature and stable (it had its bubble what 100 years ago or so?). But I would still wait until the bottom drops out of the oil market before picking rail....Maybe January or so? But what do I know I'm just a Space Munkey! :)
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traderdrew   51%     1 point   commented 451 days ago reply

Mr buffett has pumped a lot of money into this industry which could mean good things long term (based on analysis not his money)
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loneranger   38%     1 point   commented 441 days ago reply

if liquefied natural gas becomes big it will be the railroads that carry the product from place to place
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Kbe_4-14
nextfundmanager   N/A     1 point   commented 440 days ago reply

it is best to pick up the oil stocks now so when oil rises you are in prime position
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Money
abates   N/A     1 point   commented 439 days ago reply

alt energy could create new lasting demand for these once archaic transports

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CSX Corp. (CSX)
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   This Quarter's Sentiment:
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Canadian National Railway Company Fully Paid (CNI)
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