CSX Corp

CSX-Q

NASDAQ:CSX

69.10
0.58 (0.85%)
The CSX Corporation is an American holding company focused on real estate and railways in North America, among other industries. The company was established in 1978 as part of the Chessie System and Seaboard Coast Line Industries merger.
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Analysis and Opinions about CSX-Q

Signal
Opinion
Expert
COMMENT
COMMENT
January 15, 2015

A well-run railroad. What worries him a little is that it is trading at about a 15% premium to their average multiple over the last 5 years. As much as their exposure to oil is lower, they also have a fairly good exposure to coal. That is a definite drag and has been for quite some time. On the plus side, the automotive business is doing very well, their intermodal business is doing very well. Chemicals and the housing market are beginning to show some signs of picking up. On balance, he likes the railroad, but the multiple continues to worry him.

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CSX Corp (CSX-Q)
January 15, 2015

A well-run railroad. What worries him a little is that it is trading at about a 15% premium to their average multiple over the last 5 years. As much as their exposure to oil is lower, they also have a fairly good exposure to coal. That is a definite drag and has been for quite some time. On the plus side, the automotive business is doing very well, their intermodal business is doing very well. Chemicals and the housing market are beginning to show some signs of picking up. On balance, he likes the railroad, but the multiple continues to worry him.

COMMENT
COMMENT
January 9, 2015

Doesn’t own any rails right now. He thinks this will have a bit of a slowdown now because oil for rail is a big margin business for a lot of these rails. He would let this ride for a bit to see what happens.

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CSX Corp (CSX-Q)
January 9, 2015

Doesn’t own any rails right now. He thinks this will have a bit of a slowdown now because oil for rail is a big margin business for a lot of these rails. He would let this ride for a bit to see what happens.

WATCH
WATCH
December 19, 2014

This is in an uptrend. When a stock is in an uptrend, it often tests the trend line. If this gets down to around the low $30, that may be time to buy it. Wait for a test of the trend line and for the stock to bounce off it. Until that happens, he wouldn’t buy it.

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CSX Corp (CSX-Q)
December 19, 2014

This is in an uptrend. When a stock is in an uptrend, it often tests the trend line. If this gets down to around the low $30, that may be time to buy it. Wait for a test of the trend line and for the stock to bounce off it. Until that happens, he wouldn’t buy it.

COMMENT
COMMENT
December 1, 2014

This has the least exposure to oil. There was a rocket ship tied to the rails’ backs as oil prices went higher. They were richly priced and priced to perfection. Believes the US and Canadian economy are going to improve, and these are very fuel-efficient type businesses. Also, very generous in returning capital to shareholders.

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CSX Corp (CSX-Q)
December 1, 2014

This has the least exposure to oil. There was a rocket ship tied to the rails’ backs as oil prices went higher. They were richly priced and priced to perfection. Believes the US and Canadian economy are going to improve, and these are very fuel-efficient type businesses. Also, very generous in returning capital to shareholders.

COMMENT
COMMENT
November 17, 2014

He prefers Union Pacific (UNP-N), which had a better growth profile. One of the things you are always looking at in US rails, is their exposure to coal, which has seen a weakening demand picture in terms of utilities, and more importantly, China. This is a decent company and you will do fine with it.

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CSX Corp (CSX-Q)
November 17, 2014

He prefers Union Pacific (UNP-N), which had a better growth profile. One of the things you are always looking at in US rails, is their exposure to coal, which has seen a weakening demand picture in terms of utilities, and more importantly, China. This is a decent company and you will do fine with it.

COMMENT
COMMENT
November 14, 2014

Cheap compared to Canadian National (CNR-T) and Canadian Pacific (CP-T). This is really a valuation play. Compared to Canadian operators, it is as good an operator with room to grow. With the volumes and price increases we have seen, he doesn't know if it can continue. Buying this is a better option than being in the Canadian rails.

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CSX Corp (CSX-Q)
November 14, 2014

Cheap compared to Canadian National (CNR-T) and Canadian Pacific (CP-T). This is really a valuation play. Compared to Canadian operators, it is as good an operator with room to grow. With the volumes and price increases we have seen, he doesn't know if it can continue. Buying this is a better option than being in the Canadian rails.

BUY
BUY
November 3, 2014

Likes the way this rail is priced. It trades at a big discount to the 2 Canadian rails. Well run. The exposure here is with their coal business, but he thinks that is more than offset by the industrial expansion that is going on in the US.

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CSX Corp (CSX-Q)
November 3, 2014

Likes the way this rail is priced. It trades at a big discount to the 2 Canadian rails. Well run. The exposure here is with their coal business, but he thinks that is more than offset by the industrial expansion that is going on in the US.

DON'T BUY
DON'T BUY
October 14, 2014

The fundamentals of the railroads in North America are about the strongest of just about any subsector. The only problem is the valuations. They have done exceptionally well over multiple years, and the majority of them are in the mid-20s valuation.

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CSX Corp (CSX-Q)
October 14, 2014

The fundamentals of the railroads in North America are about the strongest of just about any subsector. The only problem is the valuations. They have done exceptionally well over multiple years, and the majority of them are in the mid-20s valuation.

HOLD
HOLD
September 26, 2014

Does not see any problems with the chart. Has been in an uptrend since beginning of 2013. There is nothing wrong with it technically. Acquire at the bottom of the trend line and reduce at the top.

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CSX Corp (CSX-Q)
September 26, 2014

Does not see any problems with the chart. Has been in an uptrend since beginning of 2013. There is nothing wrong with it technically. Acquire at the bottom of the trend line and reduce at the top.

BUY
BUY
September 12, 2014

Coal oriented, so earnings have lagged, but only back a year. It is starting to come out of that and it looks like they are going to show better earnings growth at a much cheaper valuation than Canadian National (CNR-T) or Canadian Pacific (CP-T).

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CSX Corp (CSX-Q)
September 12, 2014

Coal oriented, so earnings have lagged, but only back a year. It is starting to come out of that and it looks like they are going to show better earnings growth at a much cheaper valuation than Canadian National (CNR-T) or Canadian Pacific (CP-T).

BUY
BUY
August 12, 2014

The rails are still in play as far as he is concerned. They want to work higher. Chart shows an elevated base in 2012, and then it moves higher. The transportation section has corrected down to the 200 day, and now we are rallying back. There is no sign of a top as yet.

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CSX Corp (CSX-Q)
August 12, 2014

The rails are still in play as far as he is concerned. They want to work higher. Chart shows an elevated base in 2012, and then it moves higher. The transportation section has corrected down to the 200 day, and now we are rallying back. There is no sign of a top as yet.

COMMENT
COMMENT
August 5, 2014

He is a big believer in the railroads and transport. This has the lowest valuation and he is hopeful that better things will happen as the coal demand improves.

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CSX Corp (CSX-Q)
August 5, 2014

He is a big believer in the railroads and transport. This has the lowest valuation and he is hopeful that better things will happen as the coal demand improves.

PAST TOP PICK
PAST TOP PICK
June 23, 2014

(Top Pick Aug 1/13, 23.86%) There was still skepticism on the valuation. Last quarter was challenging because of the weather and increased costs, but they did a good job of offsetting the coal headwind. There is still a lot of run room on the intermodal side so she continues to own it and sees good upside on the stock. It’s still a pretty decent valuation.

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CSX Corp (CSX-Q)
June 23, 2014

(Top Pick Aug 1/13, 23.86%) There was still skepticism on the valuation. Last quarter was challenging because of the weather and increased costs, but they did a good job of offsetting the coal headwind. There is still a lot of run room on the intermodal side so she continues to own it and sees good upside on the stock. It’s still a pretty decent valuation.

BUY
BUY
June 2, 2014

Valued less expensively than Canadian rails. Has no problem with it. He has no exposure to rails right now. It is slower growth than Canadian rails.

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CSX Corp (CSX-Q)
June 2, 2014

Valued less expensively than Canadian rails. Has no problem with it. He has no exposure to rails right now. It is slower growth than Canadian rails.

DON'T BUY
DON'T BUY
June 2, 2014

Rails have all really done quite well. His sense is that there has been a bit of a railroad bubble in that people have been so optimistic about oil by rail. Expects there will be increased regulations such as the number of rail cars and the quality of them. It will be more expensive to lease new rail cars. He would be looking at railcar owners. Element Financial (EFN-T) are getting into leasing of rail cars, which is one you could look at. All the rails look pretty pricey here.

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CSX Corp (CSX-Q)
June 2, 2014

Rails have all really done quite well. His sense is that there has been a bit of a railroad bubble in that people have been so optimistic about oil by rail. Expects there will be increased regulations such as the number of rail cars and the quality of them. It will be more expensive to lease new rail cars. He would be looking at railcar owners. Element Financial (EFN-T) are getting into leasing of rail cars, which is one you could look at. All the rails look pretty pricey here.

Showing 61 to 75 of 138 entries