Warren Buffett has pointed to rail carloads as the single indicator he'd take to a desert island, and for good reason. As the most efficient way to transport many kinds of freight between cities, ports, factories, mines, oil and gas fields, and other focal points of the economy, railroads allow investors to gauge how well the tangible economy is doing.
So when North America's Class I railroads put in resoundingly strong results in the third quarter, savvy investors should take that as a sign of confidence on the part of both producers and consumers. In the following video, Motley Fool analyst Daniel Ferry breaks down the railroads' excellent quarter, and how investors can play it.
Like railroads for the dividends?
Dividend stocks can make you rich. It's as simple as that. While they don't garner the notability of high-flying growth stocks, they're also less likely to crash and burn. And over the long term, the compounding effect of the quarterly payouts, as well as their growth, adds up faster than most investors imagine. With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.