I’ve decided to pare my holding in CSX due to a potiential legal setback regarding price fixing. The lawsuit dates back to 2007 and alleges that CSX and other US Freight railroads conspired to drive up shipping costs by fixing fuel surcharges. My original purchase of these shares was January 21, 2010 with a cost … [Read more…]
“The rail business is actually in tune with the future. Trains move goods using far less fuel than alternatives.” Warren Buffett
But what if the tax cuts are extended for some or all including those making over $250K/yr? This could be extra bullish for high dividend yielding stocks.
Quote from Warren Buffett who last fall bought Burlington Northern, another rail road stock.
“The rail business is actually in tune with the future. Trains move goods using far less fuel than alternatives.”
Action % Target Symbol Type Price Buy 25% ‘EBAY Limit 23 Buy 25% ‘VWO Limit 40 Buy 25% ‘INTC Limit 20 Buy 25% ‘PG Limit 59.56 Sell 25% ‘MSFT Limit 35 Buy 25% ‘CSX Limit 45 Buy 25% ‘ED Limit 40 Buy 25% ‘VWO Limit 37.45 Action % Target Symbol Symbol Description Type Price Expiration … [Read more…]