Published on 21 Jun 2022 on Insider Monkey via Yahoo Finance
10 Best Railroad Stocks to Invest In
In this piece, we will take a look at the ten best railroad stocks to invest in. If you want to skip ahead to the top five stocks in this list, then take a look at 5 Best Railroad Stocks to Invest In.
The railroad industry is one of the oldest industries in the world, and it is one of those that have proven to be integral to global economic development. For businesses and economies to thrive, companies must be able to ship their goods over large distances, and the train has been used for this purpose before trucks came into play.
Modern day supply chain logistics are bifurcated across two transportation categories. Out of these, inland transportation refers to the methods that are used to ship goods either within facilities located in a geographical area, or from ports to various locations. Typically, either truckload or railroads are used for these purposes, and both have their respective sets of advantages and disadvantages.