Top Railroad Stocks for Q2 2023
Greenbrier Companies, Central Japan Railway, and Canadian Pacific Railway are leading railroad industry peers in revenue growth even as the industry struggles on concern about rail strikes in the U.S. and a potential recession. The iShares U.S. Transportation Average ETF (IYT), a benchmark for railroad, freight, and airline stocks, fell 6% in the past 12 months compared with a 4% drop in the Russell 1000 Index.