Railroads are rallying for Trump, except one

Mexican peso plummets on U.S. election news

Donald Trump has pledged to resurrect the coal industry. If he follows through on that promise, that’s great news for many railroads, which can generate big sales from transporting coal across the country.

So it shouldn’t be a big surprise that investors are — to quote Ralph Wiggum from “The Simpsons” — choo choo choosing railroad stocks following Trump’s big win.

Let’s block ads! (Why?)

World business news – CNNMoney.com

You May Also Like

Leave a Reply