Cramer: Look to CSX earnings for your next stock play

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Jim Cramer breaks down CSX Transportation's revenue data to discover industries and stocks that are worth making a buy.

CSX Transportation's Tuesday earnings call gave some insight into what stocks could be worth playing, CNBC's Jim Cramer said Wednesday.

Chemicals: CSX said chemical shipments improved 5% in the quarter. Cramer suggested Dow Chemical, which recently completed its spin off from DowDuPont, contributed to that growth. Dow has a 4.79% yield and a number of chemical plants in CSX territory, he said. Agribusiness: Revenue from the agriculture and food sector rose 12% in the quarter, powered by grain and ethanol, CSX said. Cramer suggested buying DowDuPont based on those results.

 

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