3 Railroad Stocks With Solid Dividend Yield You May Count On
CNICanadian National Railway pany(CNI) ZACKS·2024-06-15 02:51

Prospects of Zacks Transportation - Rail industry’s participants are being weighed down by challenges like inflation-induced elevated interest rates, 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 has declined 6.4% so far this year, underperforming the S&P 500 Index’s 7.5% appreciation and a 5.9% loss of the broader Zacks Transportation sector. Im ...