Report
Keith Schoonmaker, CFA
EUR 103.64 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
United Parcel Service Inc. Class B

United Parcel Service provides transportation services, primarily domestic and international letter and package delivery. The company reports its operations in three segments: United States Domestic Package, which includes the time-definite delivery of letters, documents and packages throughout the United States; International Package, which includes delivery to several countries and territories worldwide, including shipments wholly outside the United States, as well as shipments with either origin or destination outside the United States; and Supply Chain & Freight, which includes the company's Forwarding, Logistics, Coyote, Marken, UPS Mail Innovations, UPS Freight and other aggregated business units.

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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