Railroads have not been a rewarding sector to be invested in for some time, especially since the beginning of the ongoing manufacturing recession. With the US manufacturing PMI I focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time, I have come to realize that profitability is a much safer driver of gains than low valuation ...