Follow Buffett Into Railroad Stocks With Burlington Northern (BNI)
Nov 3rd, 2008 | By Jason Simpkins | Category: Stock Market InvestingWarren Buffett is shopping for railroad stocks again. The ‘Oracle of Omaha’ increased his stake in Burlington Northern (NYSE:BNI) to almost 20% last month. Fuel efficiency and road congestion are two key factors supporting a bullish outlook for the railroad industry, says Jason Simpkins.