Norfolk Southern Corporation (NSC): Liberation Day May Be 'The Bottom,' Says Jim Cramer
We recently published a list of . In this article, we are going to take a look at where Norfolk Southern Corporation (NASDAQ:NSC)stands against other stocks that Jim Cramer discusses.
Norfolk Southern Corporation (NASDAQ:NSC) is one of the biggest railroad transportation companies in America. The firm's performance depends on economic activity, and therefore, the firm's 13.5% share price drop after the Liberation Day tariffs were announced was unsurprising. Cramer's previous remarks about Norfolk Southern Corporation (NASDAQ:NSC) have lumped the firm together with transportation stocks and praised its management. Here are his latest thoughts:
'You know look at Norfolk Southern. The run in Norfolk Southern is just breathtaking. I just think that we are so the opposite of where we were. Everything changed. Everything changed. Liberation Day may turn out to be the bottom. We may look at Liberation Day and say you know that was when they realized, wow, are we ever on the wrong track. The market has spoken and we're wrong.'
A bird's eye view of a long freight train rumbling along the tracks.
In his previous comments, the CNBC host mentioned Norfolk Southern Corporation (NASDAQ:NSC)'s recent remarks about railroads:
'On the other hand, you got groups like the transports. They're just getting clocked. At a conference call today, Norfolk Southern, one of the big East Coast railroads, traced out a soft picture.'
While we acknowledge the potential of NSC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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