Logistics is the blood of economy as the most people believe. Rail-based CSX Corporation strives all the time despite any quarantine or lockdown. Therefore, its Q1 2020 revenue decreased insignificantly. Furthermore, NASDAQ: CSX has been rising since March 23 on which a serious price drop occurred till $47.66. Through three months the stock rose to $72.14 although volatility disturbed several times. This uptrend may lead to the mid-February price recovery. That time CSX traded at $79.00 at least. Only $7 more need to add to bring hope to long-term focused investors who like to receive dividends with smiling faces.
Financials of CSX is in very good condition so it is for so long self-sustainable and stable company that can even raise external funds for new projects anytime using a glorious reputation.