5 Best Railroad Stocks To Invest In

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In this article, we discuss 5 Best Railroad Stocks To Invest In. If you want to see more selected railroad stocks with detailed analysis, go directly to 10 Best Railroad Stocks To Invest In.

5. GATX Corporation (NYSE:GATX)

Number of Hedge Fund Holders: 17

GATX Corporation (NYSE:GATX) is a railcar leasing company that operates in the United States and around the world. Rail North America, Rail International, and Portfolio Management are the company’s three segments. GATX Corporation’s (NYSE:GATX) shares currently deliver a quarterly dividend of $0.52 per share and have a dividend yield of 2.13% as of October 25.

Susquehanna analyst Bascome Majors on July 22 reduced his price target on GATX Corporation (NYSE:GATX) from $122 to $112 and maintained a Positive rating on the stock. According to the analyst, the company has significant pricing power due to a limited supply of railcars and high global new car prices.

Among the hedge funds tracked by Insider Monkey, 17 were long GATX Corporation (NYSE:GATX) as of Q2, an increase from 14 funds from the previous quarter. Mario Gabelli’s GAMCO Investors is the largest shareholder of the company with over 1.6 million shares worth more than $150 million.

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