CSX Corporation (CSX): CEO Is Doing A Good Job, Says Jim Cramer

We recently published 10 Stocks Jim Cramer Discussed As He Shared Key Insights From Morgan Stanley’s CEO. CSX Corporation (NASDAQ:CSX) is one of the stocks Jim Cramer recently discussed.

CSX Corporation (NASDAQ:CSX) is a railroad company whose stock has remained turbulent in 2025 due to economic and recessionary fears. However, the stock jumped by 5.5% in July after news broke of Union Pacific seeking to acquire it or Norfolk Southern. Crucially, Cramer and co-host David Faber had discussed the possibility before the news cycle. The CNBC TV host recalled the discussions:

“I like CSX and I think that Joe Hinrichs is doing a good job. But what shocks me is, you know you’ve got David Faber sitting right here, saying this was going to happen. And you know, very matter of factly, and I’m saying that’s unbelievable, that’s like, that’s been banned, saying it over and over again that there is an imperative to not to have that happen. . . and then today. . they all woke up to what Faber said, but now that we see it in all different outlets, people are furiously buying CSX.

“No I’m saying but like now people are, analysts are like upgrading CSX I mean, and the reason I’m saying this is because CSX is going to report and I don’t know if it’s any good. I don’t know if it’s a good quarter or not. They had a lot of problems. The economy, and also weather, I think that Joe Hinrichs, Baltimore still not working right. I was hoping to tell people to buy it but it’s at 21 times earnings, and that’s too expensive. I mean any bid would take two years.

]”Yeah I don’t want to give the impression that the rails aren’t great. CSX is having actually a real good quarter and they’re doing very well. . . .And the industrials so you don’t need to fool around, CSX is going to get here whether they get a bid or whether they don’t, because things are better for these companies. . .So don’t sell a rail, don’t sell any of these capital equipment companies because I don’t think people realize legislation is about capital equipment.”

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Disclosure: None. This article is originally published at Insider Monkey.