We recently released a list "We don't know what's going to happen," Jim Cramer said, and discussed these 12 stocks. In this article, we will look at where other stocks discussed by CSX Corporation (NASDAQ:CSX) face.
CSX Corporation (NASDAQ:CSX) is one of the largest railroad companies in the United States. The company's stock performance is dependent on economic activity and has been reduced by 4% on the date. However, CSX Corporation (NASDAQ:CSX) shares have risen 7% since early May. The stocks benefited from the railway stock rally that began earlier this month. Stocks appear to have thawed after trade tensions between the United States and China, with investors betting on the railway’s commitments. Cramer's previous comments to CSX Corporation (NASDAQ:CSX) noted that investors seem to forgive the company for its weaker performance. Here is his recent speech:
"And then, Joe Hinrichs from CSX. I mean we have to know what the railway is saying. Because again I think April is a weak month. We have to do it, a lot of places like this we hear they end in March. March is still good because of the days before liberation."
The freight trains pass through rural landscapes, with their engines and numerous railway vehicles carrying company cargo.
River Road Asset Management mentioned CSX Corporation (NASDAQ: CSX) in its Q4 2024 investor letter. This is what the company said:
“As of December 31, the portfolio held 29 positions, four positions higher than in the third quarter. In the fourth quarter, the largest industry increase was 736 basis points within the industry, while the largest decline was -276 bps, within the consumer discretion. We established five new positions and eliminated one position.
Overall, CSX Ranked eighth On the stock list we discuss by Jim Cramer. Although we acknowledge the potential of CSX, our belief is that some AI stocks have higher returns and limited downside risks. If you are looking for AI stocks that are more promising than CSX and have 100x upside potential, check out our report Cheapest AI stocks.
Read the next article: Buy 20 Best AI Stocks Now and According to the billionaire, there are now 30 best stocks.
Disclosure: None. This article was originally published in Internal monkey.