Filed under: Stocks to Buy
I've liked the railroad sector for a while, and CSX Corp. (CSX), which I first wrote about on May 1, 2009, at a price of $30.56, looks likely to continue to move higher. Here's why:
CSX's volumes should increase and overall prices for transport services should firm, albeit with some softness in selected price categories, as the U.S./global economic recoveries gain momentum in 2010. Basic materials transport, including coal and scrap, should also experience healthy business gains in 2010, and the company's increased efficiency adds to the positive story.
Continue reading CSX Corp. Railroad Rolls On
CSX Corp. Railroad Rolls On originally appeared on BloggingStocks on Wed, 03 Feb 2010 17:30:00 EST. Please see our terms for use of feeds.
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Full story at http://www.pheedcontent.com/click.phdo?i=d1cdfe103a1b0a26783d9b8231987c61
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