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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (33238)1/13/2009 12:58:07 AM
From: Spekulatius  Read Replies (1) of 78740
 
CSX stock got runover by a train. Earnings not that well received - or was it the pulled guidance. You would think that huge diverse quasi monopoly transport operation like CSX should have visibility into the next quarter at least. The fact that they do not/cannot provide guidance can only mean that things are deteriorating.

FWIW the RR stocks are getting interesting again. CSX is the cheapest in terms of PE but adjusted for leverage (looking at EV/EBITDA) it is not much cheaper than it's peers. One might as well go with the wise old man's choice of BNI.
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