CSX Corporation (CSX) Presents at Barclays 43rd Annual Industrial Select Conference Transcript

@Stockstotrade's Tim Bohen is back for another round of Big 3 picks to close the trading week. He explains his "contrarian take" on Rivian (RIVN), why CSX Corp. (CSX) has room to run in the rail trade, and how Applied Materials (AMAT) offers an unsung tech opportunity.

My top-down strategy targets 'mission-critical' sectors where capital is forced by secular and cyclical tailwinds—data centers, energy, AI, defense, and infrastructure. AI-driven data center and energy spending, defense modernization, and industrial reshoring are creating robust, non-cyclical investment opportunities across select equities. I highlight actionable picks in each segment, including VRT, VST, QXO, MU, TMO, RTX, RACE, MA, CAT, FCX, and key midstream energy names.

CSX signs a $670M deal with Wabtec to buy 100 locomotives and modernize 50 units, which boosts fuel efficiency, reliability and long-term network performance.

JACKSONVILLE, Fla., Feb. 09, 2026 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that it has signed a $670 million deal with Wabtec Corporation (NYSE: WAB) to upgrade its fleet with 100 new Evolution Series locomotives, 50 modernized locomotives, and a suite of digital solutions and services.

CSX Corporation (NASDAQ: CSX - Get Free Report) EVP Stephen Fortune sold 31,456 shares of CSX stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $38.65, for a total value of $1,215,774.40. Following the completion of the sale, the executive vice president owned 82,034 shares of the company's

CSX Corporation (NASDAQ: CSX - Get Free Report) shares hit a new 52-week high on Friday after Raymond James Financial raised their price target on the stock from $40.00 to $41.00. Raymond James Financial currently has an outperform rating on the stock. CSX traded as high as $37.55 and last traded at $37.15, with a volume

CSX (NASDAQ: CSX) executives told investors the company is planning for a soft demand environment in 2026, but expects meaningful margin and free cash flow improvement as cost actions and productivity initiatives take hold across the railroad. On the company's fourth-quarter earnings call, President and CEO Steve Angel described 2025 as "a challenging year" for CSX

CSX Corporation delivered a flat Q4 and 2025, with revenue at $3.51B and subdued growth outlook. Management projects 200–300bps operating margin expansion and over 50% free cash flow growth in 2026, driven by cost discipline. Intermodal is expected to offset weak segments, delivering mid-single-digit growth amid soft macro conditions and persistent headwinds.

CSX (CSX) shares are rising even after missing EPS expectations in its Q4 report. Revenue fell about 1% year-over-year to $3.5 billion, aligning with forecasts.