We recently published a list of Jim Cramer Says “We Have No Idea What’s Really Going To Happen” and Discusses These 12 Stocks. In this article, we are going to take a look at where CSX Corporation (NASDAQ:CSX) stands against other stocks that Jim Cramer discusses.
CSX Corporation (NASDAQ:CSX) is one of the largest railroad companies in America. The firm’s stock performance depends on economic activity and is down by 4% year-to-date. However, CSX Corporation (NASDAQ:CSX)’s shares have gained 7% since early May. The shares have benefited from a broader rally in railroad stocks that kicked off at the start of the month. The stocks gained after trade tensions between the US and China appeared to thaw and investors bet on railroads on the promise of greater economic activity. Cramer’s previous comments about CSX Corporation (NASDAQ:CSX) remarked that investors appeared to forgive the firm for weak performance. Here are his recent remarks:
“And then Joe Hinrichs from CSX. I mean we have to know what the rail’s are saying. Because again I think that April’s a weak month. And we’re gonna have to, a lot of these quarters that we’re hearing they ended at March. March was still good because of pre Liberation Day.”
A freight train moving through a rural landscape, its engine and numerous rail cars carrying the company’s cargo.
River Road Asset Management mentioned CSX Corporation (NASDAQ:CSX) in its Q4 2024 investor letter. Here is what the firm said:
“As of December 31, the portfolio held 29 positions, up four positions from Q3. During Q4, the largest sector increase was 736 bps within industrials, while the largest decrease was -276 bps within consumer discretionary. We established five new positions and eliminated one position
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