Report
Keith Schoonmaker, CFA
EUR 147.86 For Business Accounts Only

Trump's Election Increases Uncertainty on Transports, Especially Kansas City Southern

Donald Trump’s victory in the U.S. presidential election implies some potential negatives for transports, but perhaps a long-run positive as well. We encourage investors to focus on fundamentals and use gyrations in sentiment as potential buying opportunities for high-quality companies. At the fore, given Trump’s criticism of NAFTA and the Trans-Pacific Partnership, his election will cause near-term declines to railroads, especially those serving Mexico via NAFTA, as well as TPP beneficiaries Fe...
Underlying
Kansas City Southern

Kansas City Southern is a transportation holding company with domestic and international rail operations in North America. The company's subsidiary, The Kansas City Southern Railway Company, is a United States Class I railroad that serves a several region in the midwest and southeast regions of United States and has north/south rail route between Kansas City, MO and several main ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi and Texas. The company's subsidiary, Kansas City Southern de Mexico, S.A. de C.V. operates a main commercial corridor of the Mexican railroad system and has as its main route a direct rail passageway between Mexico City and Laredo, TX.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Keith Schoonmaker, CFA

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