Seeking Alpha

Opportunity may be presenting itself in certain rail stocks, beaten up lately as low natural gas...

Opportunity may be presenting itself in certain rail stocks, beaten up lately as low natural gas prices are sapping demand for thermal coal, says RBC's Walter Spracklin. "A disconnect has emerged between current trading multiples relative to (their) earnings power," he argues. Favorites: Norfolk Southern (NSC), Union Pacific (UNP), Canadian National (CNI), and Canadian Pacific (CP).
Comments (1)
  • KSU sells for a high PE, BUT this co. has superior growth prospects derived from its deepwater port access in Mexico. Most of the names favored in this article are exposed to diminishing coal shipments. KSU will eventually acquired.
    4 Apr 2012, 11:22 AM Reply Like
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