|Last Price$91.05||Day Change (%)1.40%|
|Open Price$90.73||Day Change ($)1.26|
|Day Range89.80–91.27||52-Week Range86.38–126.49|
As of Wed 9/2/2015 4:28:00 PM | USD
Despite low fuel prices pointing toward the contrary, railroads’ competitive advantages remain strong against transportation rivals.
Containers, coal, crude, and codes are investors' current concerns.
Interested investors may consider this ETF, the largest that holds U.S. transportation companies, which have been battered by sagging commodity prices.
Morningstar's Gregg Warren, one of three analysts who will be quizzing Warren Buffett and Charlie Munger in Omaha, describes how he narrows down his list of questions to just six.
We are concerned about a slow start to U.S. light-vehicle sales this year, but we expect improvement once the cold abates.
Class I railroads have cost advantages and scale efficiencies that give them a competitive edge over lesser players.
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.
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.