Railroad companies have solid competitive advantages, making it hard for new entrants to disrupt them. They are also recession-resilient owing to their key role in creating a functioning society. Investors should consider fundamentally sound railroad stocks Canadian National Railway Company (CNI), Alb CSX Corporation (CSX), and Westinghouse Air Brake Technologies Corporation (WAB).
Railway transportation can transport bulk commodities to remote areas, owing to its robust and cost-effective connectivity, railroads beat other forms of transportation, such as trucking, by a wide margin.
