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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Would you be an investor in CSX based on Hunter Harrison taking the helm? It has popped almost 20% today on that rumour. Would you wait until it becomes official? I missed out on the CP run while he was in charge and am interested in your opinion if he can replicate his success once again.
Thank you
Read Answer Asked by Marty on January 19, 2017
Q: Hey Team,

CSX will be reporting this coming Tuesday. On doing some research this is what is expected...

4% increase in sales to $3.13B

$0.47 earnings per share which is a minimal 2% gain reported same 1/4 last yr

questions...

is this what you have found?

if this is accurate, what would you expect share price to do after the reporting?

and finally, would you consider CSX a sell, hold or buy at this time?

Thanks for all you do

Gord
Read Answer Asked by Gord on October 13, 2014
Q: re:CSX

Hopefully you can help with this U$ Equity question.

I purchased 200 shares of CSX a number of months ago and it is doing ok with a good dividend. I purchased CSX because it was considerably cheaper than Can Railroads and I do have a need for U$ currency with a son that attends a US college. I have about 20% of my portfolio in US equities of which 5% is in CSX.

I have just read another article regarding CSX and they painted a picture saying "the present value of the company's discounted earnings, adjusted for dividends, is around $2 less than shares trade for right now."

It gives reasons being CSX' earnings growth estimates are lower than it's competitors. It goes on to say "Curiously, analysts have not been moving earnings estimates up at CSX as they have for Norfolk Southern (NYSE:NSC), where earnings have been furiously upgraded by more than a dozen analysts recently."

Long and short of it... it appears CSX shares' valuation has been up to the same forward earnings multiple (14) as it's competitors but doesn't appear to offer the same earnings growth going forward.

Can you give me your thoughts on CSX moving forward and do you think share value will be negatively effected based on the street consensus.

Thank you for all you do

Gord
Read Answer Asked by Gord on August 18, 2014
Q: re: CSX

Have a 4% weighting in portfolio.

Accident yesterday comes at a poor time as Virginia was in the process of reviewing "oil by Rail" with an attitude towards preferring pipeline over rail. This is only going to further the pipeline argument.

Can you provide any insight into how this might effect CSX moving forward?

Thanks for all you do

Gord

Read Answer Asked by Gord on May 02, 2014
Q: re: CSX Corp

CSX has been ok Q1 2014 but nothing to write home about. Sluggish performance is attributed to weak Coal shipments. I'm ahead right now about 3% and their Q1 earnings will be up next week. I am seriously thinking about getting out before the earnings announcement then jumping back in as I do believe CSX will perform well over the long term through improved intermodal & expansion plus it is relatively cheap for the sector.

Your thoughts?

ty Peter & Family

Gord
Read Answer Asked by Gord on April 10, 2014
Q: hello Peter & 5i team. I read today CSX after the harsh winter will reduce earnings by $0.10/share in Q1 and that execs are cautious on full-year profit and on if the company can reach its goal to achieve a two-year CAGR of 10% to 15%. I very recently bought shares at $27.69 and price as of today is $28.56. My feeling is to sell right now. Your thoughts please and as always, thank you for your time.
Read Answer Asked by Gord on March 14, 2014
Q: I am 80 and we need to booster our US Social Security to a livable income, but my wife, just 65, also needs growth to keep up with inflation. We are both Canadian/US citizens and US dividends can be hit by 20% as a result. In a rif, 2 tfsas and our joint portfolio, we have over $500G invested in about 30 Cdn stocks; 5 major banks, 4 pipelines, oil (HSE,CPG, BTE,CVE), REITS (rei,ax,cwt,d), power (aqn,bep,ema,fts) and tel (bce,t,mbt), plus some pot,tck,mg,enf,pwf, etc. I just sold a bond and now have about $140Gs to invest, so would like some advice. I'm intested in CSX in the US as I think we need to be in a railroad, but should I just add the rest of the money to our present stocks? I know this is a tough one but we need income and, at least, to keep up with inlation for my wife.
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Read Answer Asked by Edward on April 08, 2013