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Burlington Northern (BNI): On the right track |
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| May 22, 2009 08:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Newsletters, Commodities, Oil, Agriculture, Stocks to Buy, Burlington Northern Santa Fe (BNI)  Is it time to ride the rails? In Gordon Pape's The Internet Wealth Builder, analyst Tom Slee reaffirms his buy rating on Burlington Northern Santa Fe (NYSE: BNI), his top pick in the sector.
"Burlington Northern is my preferred choice in the railroad industry. At first glance, Burlington Northern had a particularly bad first quarter. "Profit was $0.86 a share, down sharply from $1.30 a share the year before. However, when unusual items such as an unfavourable coal rate decision are excluded, operating earnings amounted to a much more acceptable $1.13 a share, well above the 96c analysts were looking for. Continue reading Burlington Northern (BNI): On the right track Burlington Northern (BNI): On the right track originally appeared on BloggingStocks on Fri, 22 May 2009 15:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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