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
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