Norfolk Southern (NSC:NYSE - commentary -
research), which I consider the Johnson & Johnson
(JNJ:NYSE - commentary - research) of the group.
But any of the major rails -- CSX (CSX:NYSE -
commentary - research), Norfolk Southern,
Burlington Northern Santa Fe (BNI:NYSE -
commentary - research), Union Pacific -- seem to
be in terrific shape as long as the dollar stays
weak and oil stays high.
It's taken years for all of these mergers finally
to sort their way through the system in a positive
way. That's after years of missed estimates and
botched predictions, particularly from CSX and
Union Pacific.
Perhaps those woes really are behind them and we
should begin to think of them as the consistent
generators that we know the four rails to be in
none other than the great game of Monopoly