CSX Corporation: A Top Railroad Stock Favored by Billionaires

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CSX Corporation (NASDAQ:CSX) is recognized as one of the best railroad stocks to buy, with 13 billionaires holding shares valued at nearly $1.5 billion. The company, which operates freight transportation across the U.S. and Canada, has seen a mixed performance, with recent financial results indicating challenges, particularly in coal and merchandise volumes. Despite these hurdles, analysts remain cautiously optimistic about CSX's potential, especially in areas like agriculture and minerals, as they navigate the impacts of tariffs and economic uncertainties.

Source: YAHOO

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