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Norfolk Southern Corporation . Michael Boone . Business Model. Norfolk Southern Corporation is a Virginia-based holding company, which owns and operates Norfolk Southern Railway and several other subsidiaries.
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Norfolk Southern Corporation Michael Boone
Business Model • Norfolk Southern Corporation is a Virginia-based holding company, which owns and operates Norfolk Southern Railway and several other subsidiaries. • Pocahontas Land Co., Thoroughbred Direct Intermodal Services, Triple Crown Services • Railroad operates over 21,000 miles of track in 22 states. • Principal operating revenue sources: coal, intermodal, automotive, metals and construction, chemicals, agriculture, and forest products.
Economic Moat Over 21,000 miles of track in 22 states and portions of Canada. Largest rail carrier of automotive parts and finished vehicles. Operates most extensive intermodal network in the Eastern United States Management
Valuation Current Price ( 12:09 PM) $65.45
Why We Should Buy Undervalued Revenues will increase as economy grows Strong dividends Intermodal Transportation demand is rising, and NSC dominates the market
Sources www.nscorp.com Seeking Alpha Yahoo Finance Bloomberg MorningStar