The decline in railroad stocks in 2022 has created an exciting buying opportunity in the sector. However, stocks usually decline for a reason. In the case of East Coast-focused railroad CSX (NASDAQ: CSX) and others, there's a fear that supply chain constraints and labor issues might negatively impact the company.
Moreover, volumes might be weaker on the demand side, given any economic slowdown. Does it all add up to make CSX a buy or not? Here's a look at what the latest earnings report can tell us about the company.
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Source Fool.com