A couple of days ago, I said I was looking at purchasing some railroad shares. They are a longer term play on the broader economy, and there are a couple of big factors I like in the industry. Those are efficiency, lower fuel costs than trucking, access to moving commodities, which I think will be coming back strong. You can see more of a href=”http://briskycapital.blogspot.com/2009/05/prospects-strong-for-norfolk-southern.html”that analysis here/a.br /br /My update is that I did some more research, and I’d like to adjust what I’m looking to buy a bit. Norfolk Southern, which I mentioned before, is a good company with strong margins. But they have too much exposure to automobiles for me. I’m looking at some of the west coast names a little harder, and those are Burlington Northern Santa Fe (a href=”http://finance.yahoo.com/q?s=bniamp;.yficrumb=DHHJXdr.Qk4″BNI/a) and Union Pacific (a href=”http://finance.yahoo.com/q?s=unp”UNP/a). They both have exposure to the agriculture and coal industries, and are better positioned to ship goods en route to Asia, where a lot of demand comes from. br /br /I’ll have more info on this forthcoming, but for now take a look at a href=”http://www.bnsf.com/investors/presentations/pdf/2009longbow.pdf”a great presentation on data on BNI./a (pdf file).br /br /Disclosure: No Positions.div class=”blogger-post-footer”img width=’1′ height=’1′ src=’http://res1.blogblog.com/tracker/819581243324579563-1446637790703998111?l=briskycapital.blogspot.com’//div

Last 5 posts by Michael E. Brisky

• More of the Same - November 11th, 2009
• Picked up Some RHIE - November 10th, 2009
• Loews Still Attractive - November 9th, 2009
• Tii Network Technologies Reports - November 9th, 2009
• Not So Fast, Bears... - November 9th, 2009