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CSX (CSX +1.6%) moves higher following CEO Michael Ward's sit-down with Jim Cramer. Ward says...

CSX (CSX +1.6%) moves higher following CEO Michael Ward's sit-down with Jim Cramer. Ward says U.S. coal shipments have slumped 33% from last year to 1M carloads in 2012, but 80% of its other industries are either stable or improving, including lumber, which is closely tied to housing development. Auto shipments are up 27%; chemicals, nat gas and oil shipments also up.
Comments (2)
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    If you are the least bit interested in CSX, take the time to watch the Cramer interview on CNBC.

     

    Just grit your teeth if you don't like Cramer.
    27 Jul 2012, 12:49 PM Reply Like
  • BlueOkie
    , contributor
    Comments (5560) | Send Message
     
    I'm fully vested in CSX. Has been great and did a 3 for 1 recently. If the gov't stays out of things the rails will do just fine.
    27 Jul 2012, 02:41 PM Reply Like
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