New gains, new challenges

摘要

Ever since Warren Buffett gave his blessing to railroads by buying one, financial analysts and pundits have been examining this 175-year-old industry for clues to its re-emergence as a savvy investor's favorite. Wall Street Journal "Common Sense" columnist James B. Stewart addressed the question last month when he selected Norfolk Southern as one of "Five Stocks to Own Forever." After extolling the attractiveness of such other picks as Google and Oracle, Stewart explained his choice of a railroad for the charmed circle: