Wednesday, January 11, 2012

Chart of the Day - Kansas City Southern (KSU)

The "Chart of the Day" is Kansas City Southern (KSU), which showed up on Monday's Barchart "All Time High" list. KSU on Monday posted a new all-time high of $71.40 and closed up 2.30%. TrendSpotter has been Long since Dec 23 at $67.38. In recent news on the stock, Morgan Stanley on Jan 9 named KSU at a long Research Tactical Idea. Pragmatic Capitalism on Dec 23 reported that railroad traffic during the week ending Dec 17 jumped to +11.7% y/y. Kansas City Southern, with a market cap of $7.7 billion, is a transportation holding company with two primary subsidiaries. The Kansas City Southern Railway Company, is one of seven Class I railroads operating in the United States. Kansas City Southern de M'xico, SA. de C.V. is one of three large regional railroads in Mexico. KCS also owns 50% of the Panama Canal Railway Company in Panama.


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