This may seem like an odd question but i was wondering if anyone has any helpfull insight on buying railroad stock. I am thinking about BNSF, but i really don’t know which railroad would be best for a long term investment. if anyone has any recommendations they would be greatly appreciated.
Thanks,
emmar
Emma, I think that stock in either of the Western railroads would be a good investment. I haven’t watched BNSF, but do know that UP has fallen off lately, and might be considered a bargain about now. I’d consider investing in all four of the big railroads (maybe CN besides), so as not to put all of your eggs in one basket. Rail in general is supposed to be a sound investment.
Well I have owned UPRR stock for sometime & with its recent weakening I have bought some additional stock in them.
Since we were on the topic just thought I would point you in the direction of this