Railroad stocks have relatively held up well so far thus year compared to the overall market. While stocks in the airlines, hospitality, cruise line sectors have been decimated major North American railroad stocks have also declined but not much. In fact Canadian Pacific(CP) and Kansas State Southern (KSU) are in the positive territory compared to others.
The following chart shows the year-to-date return of major North American railroads:
Click to enlarge
Source: Yahoo Finance
Related Stocks:
- Company: Canadian National Railway Co (CNI)
- Company: Canadian Pacific Railway Ltd(CP)
- Company: CSX Corp (CSX)
- Company: Kansas City Southern (KSU)
- Company: Union Pacific(UNP)
- Company: Norfolk Southern Corp(NSC)
Disclosure: Long CSX, NSC, UNP and CNI