|Last Price$110.47||Day Change (%)2.49%|
|Open Price$108.02||Day Change ($)2.68|
|Day Range107.92–112.44||52-Week Range88.56–126.49|
As of Mon 01/26/2015 04:54 PM EST | USD
UPDATE: Starbucks, Lululemon rise; UPS, Avon highlight S&P 500 losers
UPDATE: GE, McDonald's, Bank of New York earnings in focus
Oil tankers may leave the trains, but it won't stop the railroad boom
We are concerned about a slow start to U.S. light-vehicle sales this year, but we expect improvement once the cold abates.
In this second excerpt from their new book, Morningstar's Heather Brilliant and Elizabeth Collins detail how companies leverage cost advantage and switching costs to their benefit.
Class I railroads have cost advantages and scale efficiencies that give them a competitive edge over lesser players.
Widening investment-grade credit spreads and rising interest rates lead to losses.
Railroads bolstered our confidence in the persistence of excess returns via solid performance through the recent recession and coal weakness.
Get our sector-by-sector take on the bond market, plus our five best bond ideas.
The author does not own any of the stocks or funds mentioned above.