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Keep pace with Burlington Northern, keep pace with the railroad rebound |
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| Apr 30, 2009 06:30 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Stocks to Buy, Burlington Northern Santa Fe (BNI)  Time was - not long ago - the railroads were the darlings of Wall Street. Extraordinary demand for commodities from emerging markets and strong international trade increased demand for rail transport. But then came the winds of September/October 2008: a financial crisis and the ensuing global recession stopped both commodity demand and trade nearly cold, and Wall Street soon soured on the railroads as well, including Burlington Northern Santa Fe (NYSE: BNI). The Street drove UNP's shares down to about $50 per share from over $114 in less than eight months. Warranted? Hardly. Continue reading Keep pace with Burlington Northern, keep pace with the railroad rebound Keep pace with Burlington Northern, keep pace with the railroad rebound originally appeared on BloggingStocks on Thu, 30 Apr 2009 13:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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