Tuesday, May 6, 2008

Stock Pick "CSX"

I recommend buying CSX Corporation stock due to increasing fuel costs, dollar devaluation, and burgeoning city transit. The fuel costs have manufacturers turning towards rail as the method of choice over trucking for transportation of goods. See here. The devaluation of the dollar means increased exportation, which means increased demand for transportation. And, lastly, cities are looking for ways to cut not only their emissions but also to provide more effective commuter transit. This may offer insight on CSX and commuter transit. And this should help seal the case.

If you have a more bullish appetite, you may want to try purchasing call option contracts on CSX. Just put your stop loss in there sometime, to ensure a profit.

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