$98.70
0.10 (+0.10%)
Burlington Northern Santa Fe Corp (BNI)
CAPS Rating:
Through its subsidiaries, the Company is engaged primarily in the freight rail transportation business.
Through its subsidiaries, the Company is engaged primarily in the freight rail transportation business.
Recs
Rail is a top green play. Interstate system is clogging and environmental concerns won't allow us to expand it much, high energy prices will return, increased regs, all contribute to the ressurrection of the rails.
In addition, something unusual is happening with Warren Buffett and BNI. He now owns well over 20% of BNI and continues buying. I know of no other stocks where Buffett owns > 20% without moving for controlling interest or an outright buyout. 20%, of course, is the equity method threshold.