Q: Do you have an opinion on this US railroad? TD belives that Hunter Harrison do his magic here as he did with CN and CPR.
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Investment Q&A
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Q: If a person wanted to purchase either of the above for growth, stability which one would you recommend? Or conversely perhaps another transportation stock should be considered..Thank you.
Q: Hello, I realize US stocks are not your focus but I'd like your opinion just the same.
Hunter Harrison took CP Rail stock from about $75 to over $230 during his tenure. Can you foresee the same happening at CSX?
Thanks
Dave
Hunter Harrison took CP Rail stock from about $75 to over $230 during his tenure. Can you foresee the same happening at CSX?
Thanks
Dave
Q: Do you have any insights into the likelihood of Hunter Harrison taking over at CSX? Could you assign a probability to it? Is it something that could take more than a year to happen? Are there reasons to think it won't happen?
Q: Would you be an investor in CSX based on Hunter Harrison taking the helm? It has popped almost 20% today on that rumour. Would you wait until it becomes official? I missed out on the CP run while he was in charge and am interested in your opinion if he can replicate his success once again.
Thank you
Thank you
Q: If Mr. Harrison goes to work at CSX as rumoured do you think great results will follow? Is there a lot of work here that can be done to cut costs? Our family trust is a signicant holder in CSX now. Your thoughts on the future fo CSX. THANKYOU
Q: Hey Team,
CSX will be reporting this coming Tuesday. On doing some research this is what is expected...
4% increase in sales to $3.13B
$0.47 earnings per share which is a minimal 2% gain reported same 1/4 last yr
questions...
is this what you have found?
if this is accurate, what would you expect share price to do after the reporting?
and finally, would you consider CSX a sell, hold or buy at this time?
Thanks for all you do
Gord
CSX will be reporting this coming Tuesday. On doing some research this is what is expected...
4% increase in sales to $3.13B
$0.47 earnings per share which is a minimal 2% gain reported same 1/4 last yr
questions...
is this what you have found?
if this is accurate, what would you expect share price to do after the reporting?
and finally, would you consider CSX a sell, hold or buy at this time?
Thanks for all you do
Gord
Q: re:CSX
Hopefully you can help with this U$ Equity question.
I purchased 200 shares of CSX a number of months ago and it is doing ok with a good dividend. I purchased CSX because it was considerably cheaper than Can Railroads and I do have a need for U$ currency with a son that attends a US college. I have about 20% of my portfolio in US equities of which 5% is in CSX.
I have just read another article regarding CSX and they painted a picture saying "the present value of the company's discounted earnings, adjusted for dividends, is around $2 less than shares trade for right now."
It gives reasons being CSX' earnings growth estimates are lower than it's competitors. It goes on to say "Curiously, analysts have not been moving earnings estimates up at CSX as they have for Norfolk Southern (NYSE:NSC), where earnings have been furiously upgraded by more than a dozen analysts recently."
Long and short of it... it appears CSX shares' valuation has been up to the same forward earnings multiple (14) as it's competitors but doesn't appear to offer the same earnings growth going forward.
Can you give me your thoughts on CSX moving forward and do you think share value will be negatively effected based on the street consensus.
Thank you for all you do
Gord
Hopefully you can help with this U$ Equity question.
I purchased 200 shares of CSX a number of months ago and it is doing ok with a good dividend. I purchased CSX because it was considerably cheaper than Can Railroads and I do have a need for U$ currency with a son that attends a US college. I have about 20% of my portfolio in US equities of which 5% is in CSX.
I have just read another article regarding CSX and they painted a picture saying "the present value of the company's discounted earnings, adjusted for dividends, is around $2 less than shares trade for right now."
It gives reasons being CSX' earnings growth estimates are lower than it's competitors. It goes on to say "Curiously, analysts have not been moving earnings estimates up at CSX as they have for Norfolk Southern (NYSE:NSC), where earnings have been furiously upgraded by more than a dozen analysts recently."
Long and short of it... it appears CSX shares' valuation has been up to the same forward earnings multiple (14) as it's competitors but doesn't appear to offer the same earnings growth going forward.
Can you give me your thoughts on CSX moving forward and do you think share value will be negatively effected based on the street consensus.
Thank you for all you do
Gord
Q: Hi Folks:
I have long owned CSX rail; considering reduced coal shipments am considering swapping for CP or CNR (or keeping CSX and adding a Canadian railroad). What are your thoughts?
Thanks for the great work
brian
I have long owned CSX rail; considering reduced coal shipments am considering swapping for CP or CNR (or keeping CSX and adding a Canadian railroad). What are your thoughts?
Thanks for the great work
brian
Q: re: CSX
Have a 4% weighting in portfolio.
Accident yesterday comes at a poor time as Virginia was in the process of reviewing "oil by Rail" with an attitude towards preferring pipeline over rail. This is only going to further the pipeline argument.
Can you provide any insight into how this might effect CSX moving forward?
Thanks for all you do
Gord
Have a 4% weighting in portfolio.
Accident yesterday comes at a poor time as Virginia was in the process of reviewing "oil by Rail" with an attitude towards preferring pipeline over rail. This is only going to further the pipeline argument.
Can you provide any insight into how this might effect CSX moving forward?
Thanks for all you do
Gord
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
Q: hello Peter & 5i team. I read today CSX after the harsh winter will reduce earnings by $0.10/share in Q1 and that execs are cautious on full-year profit and on if the company can reach its goal to achieve a two-year CAGR of 10% to 15%. I very recently bought shares at $27.69 and price as of today is $28.56. My feeling is to sell right now. Your thoughts please and as always, thank you for your time.
Q:
Could you please give me your opinion on this small company
CSX Clean Seed Capital.
Thank you for time and insight
B D
Could you please give me your opinion on this small company
CSX Clean Seed Capital.
Thank you for time and insight
B D
Q: I'm trying to get back into CNR or other railroad companies, but they seem pretty expensive right now. Is there an ETF covering this industry or do I have go to an industrial or transport play? I am also very allergic to the airlines and car industries. Any suggestions?
Q: I WOULD APPRECIATE YOUR OPINION ON CSX RAILWAY. IS THIS A GOOD STOCK TO OWN AS THE U.S. ECONOMY RECOVERS. ANOTHER U.S. BLUECHIP IF YOU DO NOT LIKES THIS ONE. THANKYOU FOR YOUR ANSWER.
Q: do you see upside for CSX and COV both US stocks.Thank you very much for this site.Readers questions and your answers are appreciated. Doreen
Q: I am 80 and we need to booster our US Social Security to a livable income, but my wife, just 65, also needs growth to keep up with inflation. We are both Canadian/US citizens and US dividends can be hit by 20% as a result. In a rif, 2 tfsas and our joint portfolio, we have over $500G invested in about 30 Cdn stocks; 5 major banks, 4 pipelines, oil (HSE,CPG, BTE,CVE), REITS (rei,ax,cwt,d), power (aqn,bep,ema,fts) and tel (bce,t,mbt), plus some pot,tck,mg,enf,pwf, etc. I just sold a bond and now have about $140Gs to invest, so would like some advice. I'm intested in CSX in the US as I think we need to be in a railroad, but should I just add the rest of the money to our present stocks? I know this is a tough one but we need income and, at least, to keep up with inlation for my wife.
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Q: CSX? Would you recommend this compant for my USD portfolio. I believe the CDN rails are too pricey to buy and this might have good upside?