Railroad stocks proceeded to sink by 50 % from 1846 to 1850 (Odlyzko, 2010), a plunge that was exacerbated when railroad companies called in the remaining 90 % of the money that they had lent to stock investors as a part of their promotional scheme (Camplin, 2010).
That said, buy - and - hold investors will need to
proceed cautiously, as the healthy share - price gains already racked up across much of the industry leave most of the
railroad stocks with below - average appreciation potential to 2017 - 2019.