GATX Corporation vs. Railroad Stocks
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In this article, we take a look at GATX Corporation (NYSE:GATX) against other best railroad stocks to buy according to billionaires
72% Informative
GATX Corporation ( NYSE :GATX) ranks 9th on our list of 10 Best Railroad Stocks To Buy According To Billionaires.
In 2024 alone, American railroads moved $203.1 billion worth of goods across the Canadian and Mexican borders.
The rail sector remains a vital economic engine, generating $233.4 billion in output and supporting approximately 750,000 jobs in 2023 .
The trade war initiated by President Trump will force freight railroads to position themselves for the chain reaction.
GATX Corporation ( NYSE :GATX) declared a $ 0.61 per share quarterly dividend on April 25 .
The company has consistently paid dividends since 1919 .
According to Insider Monkey’s Q4 2024 database, 6 billionaires held stakes in the company.
Overall, GATx ranks 9th among the best railroad stocks to buy according to billionaires.
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