1. The U.S. economy picks up a great deal of steam, and that's not going to happen under Obama's big government scheme. The government pulls too much money out of the private economy.
2. The Panama Canal completes it's expansion early in 2015, and that will happen and contribute greatly toward NSC's rail transportation's growth/earnings/profits.
The pps of this stock will remain low over the next two years, but the stock does pay a good dividend so current shareholders will be okay. Might be time to increase investment in NSC/CSX over the next couple of years, while the pps is low.
Thank you for the information. I am needing to sell a portion of my inherited NSC shares for a down payment on a new home. Should I sell now or hold for a bit more time. It is now February 2013. I have been advised to sell it within 5 more weeks by my brother (financial sector job). Thanks.
Agree, except for your first point. Obama has done nothing but stabilize the U.S. economy since taking over for Bush at the end of 2008. The world was on the brink of depression at that time. The stock market is telling investors that corporate America is doing just fine.
Rjboxer, you post, "The stock market is telling investors that corporate America is doing just fine."
That's the exact same message that the stock market gave everyone in 2008, and everything wasn't fine. That's the exact same message that the stock market gave everyone just before the tech bubble burst in 2000. That's the exact same message that the stock market gave in 1927, just before the Great Depression took the country by storm.
The stock market is not a good barometer of the U.S. economy because it is based on irrational exuberance, fear, and greed.