While it’s not the most encouraging topic, should a severe market correction occur, forward-thinking contrarians may want to consider transportation stocks to buy. Yes, it’s a boring sector but there’s a method to the madness. First, the sector represents the real economy; that is, it’s where the rubber meets the road, literally and figuratively. Sure, the initial crash is painful for this and other industries. However, once the economy – because it always does – the transportation sector may be
CSX Corporation (NASDAQ:CSX) Q1 2024 Earnings Call Transcript April 17, 2024 CSX Corporation beats earnings expectations. Reported EPS is $0.46, expectations were $0.45. CSX Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, everyone. My name is Brianna […]
CSX's first-quarter 2024 revenues are hurt by lower fuel surcharge, decline in other revenues, lower trucking revenues, and reduced export coal prices.