Jim Cramer recently discussed CSX Corporation (NASDAQ:CSX) as a major American railroad company in the news this July. Cramer and David Faber debated potential mergers in the industry under the Trump administration. Speculation arose about Union Pacific acquiring CSX or Norfolk Southern. Cramer hinted at a possible acquisition during his appearance on the topic.
In a recent discussion, Cramer pondered whether Norfolk Southern or CSX would be susceptible to an acquisition, expressing confidence in CSX’s position. While CSX presents investment potential, some AI stocks offer greater promise for higher returns with limited downside risk. For those seeking inexpensive AI stocks with potential benefits from Trump tariffs and onshoring, a free report on the best short-term AI stock is available.
Read more at Yahoo Finance: “I Am In Charge Of The Rails,” Says Jim Cramer