Burlington Northern Santa Fe Corp. (BNI) reported strong earnings yesterday, boosting the transportation exchange traded fund (ETF) to a one-month high.

After the company reported fourth-quarter net income of $1.46 a share, the iShares Dow Jones Transportation Average (IYT) finished the day up 1.2%, its best performance since Dec. 31.


The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.

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