High export coal volumes, increased domestic intermodal shipments and growth in other segments boost CSX's top line. However, network issues and supply-chain disruptions are major headwinds.
Railroad traffic is a barometer of economic activity. In 2023, that worked in favor of the sector.
This onshoring trend is roaring—but we contrarian dividend investors still have time to cash in. I've got a “3-pack” of cheap stocks that lets us do that, with dividends that are surging (or are about to!