CSX Corporation (CSX Quick QuoteCSX - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $63.59 to $66.50 in the past one-month time frame.

The move came after the company reported solid second-quarter 2018 results.

The company has seen four positive estimate revisions in the past month, while its Zacks Consensus Estimate has also moved higher in the same time frame, suggesting that more solid trading could be ahead for CSX Corporation. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

CSX Corporation currently has a Zacks Rank #1 (Strong Buy), while its Earnings ESP is positive.

Investors interested in the Transportation - Rail industry may consider Genesee & Wyoming Inc. , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CSX going up? Or down? Predict to see what others think: Up or Down

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