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Commentary Topic from greenfaucet

Transportation ETFs Getting Support

A few months ago, billionaire investor Warren Buffett gave the future health and vitality of the transportation sector a nod when he purchased Burlington Northern Santa Fe for $100 a share. In fact, he even named his favorite economic indicator rail car loadings. Buffett made a bet on railroads because they're an indicator of the domestic economy's health. As more goods are purchased or ordered and raw materials are demanded, railroads will increasingly be called to service to transport those items.