CSX Corp: Strong Moat Business

coldsnowstorm/E+ via Getty Images Summary This post is to provide an update on my thoughts on CSX Corps (NASDAQ:CSX) business and stock. I recommend a buy rating for CSX, as I like the business's strong moat and resilience. While volume appeared to remain weak in January, suggesting that 4Q23 weakness has followed through to 2024, I believe January weakness was due to the weather, and we should see sequential improvements through the year. Margins should also continue to improve from here as CSX sees pr ...