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Earnings time (CSX)
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<p>[quote user="Ulrich"]</p> <p>Overall CSX is a good solid business. They've got their challenges like everyone else does, and I don't think those quarterly numbers portend anything ominous.. They've got a good management team and have had success on a number of fronts, including the new intermodal terminal in Ohio and in sourcing business to replace the shortfall in coal. They're p/e has been a little lower than the others too, all in all a good investment opportunity. [/quote]</p> <p>Most of the financial analysts that I know, including myself, believe that a year is a minimum data set period to identify trends and determine how well a business is performing. Management, on the other hand, sometimes needs to pay attention to shorter time frames.</p> <p>Investors in CSX, of which I am one, have done well over the past year. The value of their shares has increased 27.98 per cent, which has bettered the industry averages slightly and outperformed the S&P 500 by roughly 7 to 8 per cent. Equally important, the analysts as a group are bullish on CSX. Of the 16 analyst's opinions corralled by Investar, seven have rated the stock buy or out perform whilst the remainder are neutral. No one took a sell position.</p>
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