All three major US indices finished the day in green (albeit the day was volatile). Perhaps some investors picked up some beaten down stocks as the interest rate hike decision is awaited. Perhaps the question is 0.75% or 1.0%? Until we have an answer to that (on Wednesday), let's continue revisiting some of the stocks we discussed before and are back in or flirting with the discounted zone. One such stock is CSX. I wanted to revisit it also because the railroad workers strike was just averted and its quarterly forecast could also provide some visibility into the state of the US economy.
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