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Railroad stocks drop, after J.P. Morgan cautions not to call the bottom

2015-10-12 19:03:43| Railroads - Topix.net

Railroad stocks took a hit in midday trade Monday, after J.P. Morgan analyst Brian Ossenbeck cautioned investors not to chase the recent surge in the sector ahead of third-quarter earnings. Norfolk Southern Corp.'s stock after Ossenbeck specifically pointed the company out as "the one to avoid."

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