Balance sheets across Corporate America are bloated with cash, and analysts expect a victory by Romney, who is considered to be more business friendly than Obama, will get companies to finally start spending.
As companies, particularly retailers and technology giants, begin to rebuild their inventories and start shipping products, rail, air and trucking companies are well positioned to enjoy a boost in business, said Matt Troy, analyst at Susquehanna Financial Group.
Railroad companies like CSX (CSX) and Canadian Pacific (CP) are especially well positioned in the event of a Romney win, because a Republican administration would likely loosen up the Obama administration's emission regulations imposed on the coal industry, which accounts for about 25% of railroad company revenues.
