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StockNews.com
StockNews.com
Business
Dipanjan Banchur

Should You Buy, Sell or Hold CSX Stock at $32?

The railroad industry is thriving thanks to the rising freight demand. Freight railroads are aggressively looking to hire employees and bolster their operations to keep up with the surging demand amid supply disruptions.

Although the industry faces headwinds like congested ports, labor and equipment shortages, and rising fuel prices, CSX Corporation (CSX) managed to beat the consensus EPS and revenue estimates in the last quarter.

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