Investment insights from Capital Group
US railroads have room to increase pricing amid a commodities boom
Source: Capital Group, Association of American Railroads, U.S. Bureau of Transportation. Data shown from January 1990 through December 2018. The rail category refers to Class 1 rail, or carriers earning more than $505 million in annual revenue. Pricing per ton-mile refers to the pricing charged for transporting one ton of freight across one mile.
Tightening emissions regulations are generating opportunity for select industrials
Sources: Capital Group, company reports, Refinitiv Datastream. Company market capitalizations are in USD as of 3/31/22.
Treasure hunt retailers have outpaced the market in recessions
Source: Capital Group, National Bureau of Economic Research, Refinitiv Datastream, Standard & Poor’s. Reference periods for recessions are March 2001 to October 2001, December 2007 to May 2009, and February 2020 to March 2020. Consumer discretionary category refers to the S&P 500 Consumer Discretionary Index.
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