Economics
Rail Stocks to Lag as Profit Lift From U.S. GDP Fades: EcoPulse
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Shares of U.S. railroad companies are poised to lag behind the broader market after more than a decade of outpacing it, as the boost to earnings from U.S. growth could start to wane.
The relative performance of the Standard & Poor’s Supercomposite Railroads Index -- which includes Union Pacific Corp., Norfolk Southern Corp. and CSX Corp. -- has stalled in the last 12 months, leading the S&P 500 Index by 2.9 percentage points after being ahead by almost 500 percentage points since