Why CSX Stock Is Up 2x While Revenues Grew A Mere 7%?
- Friday, June 5, 2020, 7:17
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CSX Corporation’s stock is up over 2x since the end 2016. But how did the company pull off such impressive gains, as its revenues grew a mere 7% over the same period? Well, there is a valid reason, of course. As it turns out, the net earnings margins expanded a stellar 1250 bps from 15.5% to 27.9%..