5 Best Infrastructure Stocks To Buy Now

2. CSX Corporation (NASDAQ:CSX)

No of HFs: 58

Total Value of HF Holdings: $3.2 Billion

CSX Corporation is an American holding company focused on rail transportation and real estate in North America. During the third quarter of 2020, the company announced net earnings of $736 million or $0.96 per share, versus $895 million or $1.08 per share in the same period of 2019.

The company recently announced an agreement to purchase New England’s Pan Am Railways for an undisclosed amount, pending federal review. Adding Pan Am Railways would expand CSX’s existing 23-state network.

The top hedge fund holder is Eric W. Mandelblatt’s Soroban Capital Partners with more than $895 million invested in the stock at the end of September.

yuttana Contributor Studio/Shutterstock.com