Railroads

Cusick's Corner The market bounced off the lows and the bulls staged a comeback. I have been monitoring the market using Put/Call ratios to see if any current trend is potentially threatened. Today, the market Put/Call ratio hit the lows of .61, exhibiting a ton of bullishness,...

Cusick's Corner The employment number didn't look big enough to keep all the bulls happy, so there's been some small profit taking. The EU is weighing down the market and the Euro. I'll be watching the Euro's close today to see if it cannot break and settle above 1.30, the currency could continue...

Shares of Norfolk Southern Corporation (NYSE: NSC) are higher on the session by 1.48%, trading at $64.75. Overall call volume is now running at 8.67x the daily average, with 72% of all calls traded being purchases on the offer. 11,644 contracts have traded on the session so far. Norfolk Southern...

The Resorts & Casinos industry is the top performing industry today. It trades 1.99% higher than yesterday, and MGM Resorts International (NYSE: MGM) is one of the best performing stocks in the space, with a 4.53% gain. Las Vegas Sands Corp. (NYSE: LVS) trades 3.09% higher. Starbucks...

Jefferies is initiating coverage of CSX Corp. (NYSE: CSX) with a Buy rating, $75 price target.

Jefferies is initiating coverage of Norfolk Southern (NYSE: NSC) with a Buy rating and price target of $74. The rails have grown EPS at a 13.5% CAGR for a decade, driving the shares higher at a 15% CAGR, yet they trade at only 14x earnings. While the market's clearly discovered the group, Jefferies...

Jefferies is initiating coverage of Canadian National Railway (NYSE: CNI) with a Hold rating and price target of US$69.

Jefferies is initiating coverage of Union Pacific Corporation (NYSE: UNP) with a Buy rating and price target of $108.

Jefferies is initiating coverage of Norfolk Southern (NYSE: NSC) with a Buy rating and price target of $74 (16% upside).

Norfolk Southern (NYSE: NSC) has completed loading the second largest cargo in the history of its Pier 6 coal transloading facility at Lamberts Point in Norfolk. On Dec. 27, 2010, Norfolk Southern finished loading 155,522 net tons of coal into the M/V Cape Provence, destined for ArcelorMittal in...

We are initiating coverage on Canada's second-largest railway Canadian Pacific Railway Limited (CP) with a Neutral rating. Currently, the stock has the Zacks Rank of #3 (Hold). We believe Canadian Pacific is benefiting from strong volume growth and continued operating gains. Despite the choppy...

We are initiating coverage on Canada's second-largest railway Canadian Pacific Railway Limited (CP) with a Neutral rating. Currently, the stock has the Zacks Rank of #3 (Hold). We believe Canadian Pacific is benefiting from strong volume growth and continued operating gains. Despite the choppy...

Wells Fargo is raising its estimates on Genesee & Wyoming Inc. (NYSE: GWR). “We raise GWR Q4 2010 EPS estimate to $0.70 from $0.45 bringing our 2010E to $2.11 from $1.86,” Wells Fargo writes. “Our GWR 2011E moves to $2.65 from $2.40. Our 6-12 month Valuation Range for GWR moves to $56-58 from $...