Railroad Stocks Hit Hard By Oil And Coal Collapse

There has been a lot of focus on the collapse of the energy industry over the last two years and how badly bruised many of the associated company’s stocks have become. What investors often overlook though is the ancillary damage that has been done to firms that do business with the energy industry. In particular, it has been awful year for nearly all major railroads and railroad suppliers. The combination of collapsing oil prices leading to lower crude by rail growth opportunities and the decline of the coal industry has been a one-two punch…

via OilPrice.com Daily News Update http://ift.tt/1Y1hM1U

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