Looking Inside the New Transportation ETF [View article]
Sometimes, doing good and doing well have a hard time being in the same room together. Other times, they're identical twins. Transportation is one of the latter. I'm very happy to own railroads; they offer the most energy- and emissions-efficient land transportation available. That means good pricing power and solid demand. The higher oil goes, the better off the railroads are - just like more traditionally "green" enterprises. It's silly to call them "dirty"; the only way to do better would be to electrify the entire system. That too may come to pass, but you may not like what's at the end of the wires.
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Sometimes, doing good and doing well have a hard time being in the same room together. Other times, they're identical twins. Transportation is one of the latter. I'm very happy to own railroads; they offer the most energy- and emissions-efficient land transportation available. That means good pricing power and solid demand. The higher oil goes, the better off the railroads are - just like more traditionally "green" enterprises. It's silly to call them "dirty"; the only way to do better would be to electrify the entire system. That too may come to pass, but you may not like what's at the end of the wires.
Sep 12 00:18 am
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