The Latest Breaking News from CSX

As the most recent data shows signs of inflation cooling, most Fed officials anticipate a slowdown in interest rate hikes. Since the market may witness a rebound, it could be the right time to consider investing in fundamentally strong stocks CSX Corporation (CSX), Albertsons (ACI), and KT Corporation (KT) for…

Despite the macroeconomic headwinds, railroad service provider CSX Corporation (CSX) reported stable third-quarter results. However, its prospects for this holiday season look uncertain as a potential nationwide rail strike looms. So, will it be wise to own CSX shares now? Continue reading….

Railroad company CSX Corporation’s (CSX) financials surpassed analyst estimates in the third quarter, defying market uncertainties. Moreover, Wall Street analysts expect the stock to grow more than 10% in the near term. Hence, investors should not delay investing in this railroad stock. Read on….

Planners hope a new rail bridge will resolve one of the largest chokepoints for passenger and freight rail traffic in the nation.

Inflation came in more than expected in September, raising the chances of a fourth 75-bps rate hike by the Fed at the year-end. The Fed’s aggressive rate hikes are leading the economy to a recession. However, investors should focus on long-term strategies to offset the current situation. We think fundamentally…

Rail operator CSX agreed to clean up passageways after Alejandra Frausto warned three years ago that falling paint is a threat to children.

The Fed is expected to continue hiking interest rates aggressively until inflation comes under control. Although the central bank’s hawkish stance is raising recession worries, some believe there are chances of achieving a soft landing. Given the uncertainties, investing in quality stocks trading at low prices could be rewarding. Fundamentally…

Upgrades

Increasing government assistance, rebounding travel demand, and rising need for freight transportation services are assisting the railroad industry in its recovery from pandemic-led setbacks. Therefore, investors could consider investing in quality railroad stocks Union Pacific (UNP), Canadian National Railway (SNI), CSX Corporation (CSX), and Norfolk Southern (NSC) to capitalize on…