5 Supply Chain Stocks to Buy Now According to Billionaire Jim Simons

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In this article, we discuss 5 supply chain stocks to buy now according to billionaire Jim Simons. If you want to check out our detailed analysis of Renaissance Technologies and Jim Simons’ investment philosophy, go directly to 10 Supply Chain Stocks to Buy Now According to Billionaire Jim Simons.

5. Norfolk Southern Corporation (NYSE:NSC)

Renaissance Technologies’ Stake Value: $107.6 million

Percentage of Renaissance Technologies’ 13F Portfolio: 0.12%

Number of Hedge Fund Holders: 48

Number five on the list of 10 supply chain stocks to buy now according to billionaire Jim Simons is Norfolk Southern Corporation (NYSE:NSC). The company operates a Class-I railroad in the US through its subsidiary Norfolk Southern Railway. Norfolk Southern Corporation (NYSE:NSC) is a dividend paying stock with a yield of 2.15% as of June 24. Its most recent quarterly dividend payout was $1.24 per share, paid on May 20 to shareholders of record on May 6. 

Norfolk Southern Corporation has only been growing its dividend for the past two years, an indication that the company does not have a strong track record of dividend-growing. However, its dividend payout ratio is at 40%, well in the sustainable levels and given the company’s growth prospects, there’s a fair shot it can build a good dividend paying record. 

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