3 Dividend Paying Railroad Stocks You May Count On
CNICanadian National Railway pany(CNI) ZACKS·2024-09-10 01:47

Prospects of Zacks Transportation - Rail industry’s participants are being weighed down by challenges like inflation-induced elevated interest rates, concerns pertaining to supply-chain disruptions and the slowdown of economic growth. Most industry players are looking to drive their bottom line amid the headwinds through cost reduction.Partly due to these headwinds, the industry, despite gaining 13.8% over the past year, has underperformed the S&P 500 Index’s 19.9% appreciation. The broader Zacks Transporta ...