U.S. railroad companies could be just days away from a major strike that could cost the U.S. economy more than $2 billion per day. Strike or no strike, one analyst said Wednesday that railroad stocks have limited upside from current levels in a challenging environment.
The analyst note was published just ahead of Amtrak's canceling all long-distance trains due to the potential strike stemming from the labor dispute between BNSF Railway, Union Pacific Corporation (NYSE:UNP) and CSX Corporation (NASDAQ:CSX).
