Is CSX a good stock to buy? We came across a bullish thesis on CSX Corporation on Astute Optics – US’s Substack. In this article, we will summarize the bulls’ thesis on CSX. CSX Corporation’s share were trading at around $52 on Friday with a forward P/E 0f 22.9.
This isn’t the first time we see a railroad company pitched as a great investment. CSX shares gained 47.8% over the last 12 months. Comparable stocks like Union Pacific (UNP) and Canadian Pacific Kansas City (CP) gained 41.9%...
