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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cramer's Game Plan: Remember this market 'has no memory' this earnings seasonJim Cramer takes a look at the week ahead as earnings season heats up.
Source: CNBC - 🏆 12. / 72 Read more »
Bank stocks could rally on the 'slightest' good news in earnings reports, Jim Cramer saysJim Cramer explains why the banking sector will set the tone when they kick off earnings season on Friday. Trumps economy just keeps on winning and winning and winning... 🎤 drop Really stepping out on a ledge aren't you?
Source: CNBC - 🏆 12. / 72 Read more »
Dow transports soar to buck broader stock market slump, led by CSX and United ContinentalThe Dow Jones Transportation Average soared 120 points, or 1.1%, in midday trade, as better-than-expected earnings reports helped the transportation sector...
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks making the biggest moves midday: Qualcomm, Morgan Stanley, CSX & moreThese are the stocks posting the largest moves midday Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »