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Norfolk Southern Corporation Message Board

  • save_n_investte save_n_investte Jan 23, 2013 9:19 AM Flag

    NSC's Growth/Earnings/Profits to Stay Flat

    Until either one of two things happens.

    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.

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NSC
93.62-0.29(-0.31%)Sep 23 4:01 PMEDT