CSX Corporation (CSX) Stock Is Picking Up Steam

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Why CSX?
Obviously, CSX isn’t the only company in the railroad business. But because of its coal woes, the company has commanded a relatively low valuation lately compared to all of its peers other than Norfolk Southern Corp. (NYSE:NSC):

CSX PE Ratio TTM Chart

Railroad P/E Ratio TTM data by YCharts.

So if you’re looking to capitalize on the opportunity that railroads are offering right now, CSX stock looks like an attractive way to benefit. Even with the stock near all-time record highs, CSX Corporation (NYSE:CSX) has plenty of upside potential if it can realize the full extent of its ambitions.

The article CSX Stock Is Picking Up Steam originally appeared on Fool.com and is written by Dan Caplinger.

Fool contributor Dan Caplinger has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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