Railroads see better days ahead, WSJ reports

theflyonthewall.com

Investors who own railroads dread surprises them more than most. With quarterly earnings for leading railroads coming this week, the odds of recent hand-wringing translating into bad news seem low, according to the Wall Street Journal's "Ahead of the Tape." In the long run, the most exciting thing to happen goes back to oil production. It's booming in areas poorly served by pipelines. That makes railroads a costly but vital link.

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