Advertising

NYSE:NSC

228.86
0.83 (0.36%) 1d
0
Showing 1 to 15 of 17 entries
BUY on WEAKNESS
Last week when Biden bashed consolidation in industries like the rails, you had to hold your nose and NSC on the dip. Since then, NSC is up 8%. He expects Biden to bash business in the future, though congressional gridlock in Washington will mute Biden's actions.
Transportation & Environmental Services
COMMENT
asdf
Transportation & Environmental Services
DON'T BUY

The rail space has seen a great run on the back of part of a Trump rally as well as the head winds from last year rolling over. She held CSX, but sold in the last few weeks on this rally. Last time we had a really big pickup in volume we saw a reduction in margins so she took money off the table.

Transportation & Environmental Services
WAIT

We are going to run into resistance around $81. It has to prove itself by getting through $81. If you want to step in and it pulls back, okay, otherwise you have to be patient.

Transportation & Environmental Services
COMMENT

It looks less and less like the merger with Canadian Pacific (CP-T) is going to go through. The customer backlash against this is pretty strong. He would buy this on the basis of the fundamentals, not on the potential deal going through. He would rather own Canadian Pacific.

Transportation & Environmental Services
BUY

Looking at the industrial sector overall, rails are the place to be. Have been doing well with a lot of energy projects. From a valuation perspective, you are still good to own the shares.

Transportation & Environmental Services
HOLD

(Market Call Minute.) Have coal trains going down from West Virginia to the docks and empty trains going back up. Which is the ideal way to run a railway. This is a play on GDP growth because it has a lot of intermodal business on the eastern half of the US.

Transportation & Environmental Services
HOLD

(Market Call Minute.) People are in love with railways, which is always a bit of a danger signal.

Transportation & Environmental Services
COMMENT

CSX Corp (CSX-N) or Norfolk Southern (NSC-N)? He doesn’t own either of these, but his preference would be with CSX. It trades at a better multiple. Management is taking the operating ratio down. It is just north of 70 right now and they want to move it into the 65 range. They have found substitutes for their coal business. Have been quite successful, whether it is chemicals or automobiles.

Transportation & Environmental Services
BUY

(Market Call Minute.) Likes the railroads. (See Top Picks.)

Transportation & Environmental Services
BUY on WEAKNESS

He owns CN but the rail business was very fragmented and now has consolidated. These have been really great companies over the last little while because they are reengineering themselves. They have been fantastic plays. The growth in the commodity areas has really helped their businesses. Not sure you will see any more acquisitions. These are going to do incredibly well and have good pricing power.

Transportation & Environmental Services
PAST TOP PICK

(A Top Pick Sept 7/11. Down 4.24%.) Do a lot of metallurgical and thermal coal shipping. 3rd quarter numbers, thermal volumes were down sharply as natural gas is displacing thermal coal in electrical generation. The rest of the business is doing fine. He is still picking it up on weak prices.

Transportation & Environmental Services
BUY

Good operating ratios that CP can’t get. It has not done nearly as well as some of the other rails and will really benefit from the uptick in the economy. The big tumble was tied to concerns about coal shipments.

Transportation & Environmental Services
COMMENT

Having trouble with the lack of coal shipments so they warned and kind of killed it for everybody. Low natural gas prices have made power generators switch to natural gas instead of coal.

Transportation & Environmental Services
COMMENT
Of the 4 surviving railroads in the US, it has been a longer term winner. Rails are very fuel efficient and very efficient in a general way of moving freight around the country. Also has a very big export coal business which is very dependent on what is happening in the steel industry. Good longer-term possibilities.
Transportation & Environmental Services
Showing 1 to 15 of 17 entries

Norfolk Southern(NSC-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Norfolk Southern is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Norfolk Southern(NSC-N) Frequently Asked Questions

What is Norfolk Southern stock symbol?

Norfolk Southern is a American stock, trading under the symbol NSC-N on the New York Stock Exchange (NSC). It is usually referred to as NYSE:NSC or NSC-N

Is Norfolk Southern a buy or a sell?

In the last year, 1 stock analyst published opinions about NSC-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Norfolk Southern.

Is Norfolk Southern a good investment or a top pick?

Norfolk Southern was recommended as a Top Pick by on . Read the latest stock experts ratings for Norfolk Southern.

Why is Norfolk Southern stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Norfolk Southern worth watching?

1 stock analyst on Stockchase covered Norfolk Southern In the last year. It is a trending stock that is worth watching.

What is Norfolk Southern stock price?

On 2022-05-20, Norfolk Southern (NSC-N) stock closed at a price of $228.86.