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Who here owns railroad stock?
Who here owns railroad stock?
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MP173
Member since
May 2004
From: Valparaiso, In
5,921 posts
Posted by
MP173
on Monday, September 12, 2005 5:11 PM
CN.
Purchased Illinois Central stock years ago.
Generally, I do not consider purchasing railroad stocks at this time as they do not meet general financial criteria such as ROE, ROIC, and free cash flow that I have established for owning companies.
If I could buy at a steep discount, which would meet the financial thresholds on the above items, I would. But, at a steep discount.
Emotions such not enter into stock ownership. Just the facts.
ed
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88gta350
Member since
November 2002
From: US
592 posts
Who here owns railroad stock?
Posted by
88gta350
on Monday, September 12, 2005 2:23 PM
Any railfans here take their love of railroads a step further by owning railroad stock? If so, which company? I myself own a few shares of Norfolk Southern, partly because it's my favorite railroad but mostly because I feel it's a solid investment. Anyone else out there willing to admit which companies they invest in?
Dave M
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