5 Best Railroad Stocks to Invest in According to Billionaires

Page 5 of 5

1. Norfolk Southern Corporation (NYSE:NSC)

Norfolk Southern Corporation (NYSE:NSC) is one of the Best Railroad Stocks to Invest In According to Billionaires. As of Q1 2026, 24 billionaires held the stock.

On July 7, Norfolk Southern and Union Pacific submitted the first portion of their responses to the Surface Transportation Board’s request for supplemental information tied to their accepted merger application. The same day, Reuters reported that the railroads were willing to divest ownership stakes in smaller railroads as part of the proposed $85 billion deal. For Norfolk Southern, the development matters because the company is at the center of a proposed transaction that could reshape the U.S. freight rail map by linking the eastern and western networks under a single operator. The filing also keeps regulatory scrutiny firmly in view, including shipper concerns about rates and competition. Separately, on June 1, Norfolk Southern appointed Brian Barr as Chief Operating Officer, adding an operational leadership update to a month dominated by merger-related developments.

Norfolk Southern Corporation (NYSE:NSC) operates a freight railroad network in the eastern United States, moving merchandise, intermodal, and bulk freight across major industrial and consumer markets.

While we acknowledge the potential of NSC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NSC and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.

Page 5 of 5
1281292 - 11759070 - 1