Jim Cramer Reveals Where Investors Fled During Tariff Selloff & Discusses 10 Stocks

6. CSX Corporation (NASDAQ:CSX)

Number of Hedge Fund Holders In Q4 2024: 63

CSX Corporation (NASDAQ:CSX) is one of the largest railroad companies in America with operations in the US and Canada. Its shares have lost 15% year-to-date after having dipped by 10% during the days after President Trump’s tariffs came into effect on April 2nd. Here is what Cramer said about CSX Corporation (NASDAQ:CSX):

“You guys have CSX, Joseph Hinrichs, coming up, and, sometimes, with railroads so many things could go wrong, in infrastructure . . they have a . . .tunnel they have to worry about. And people are willing to forgive today. Because, Joe, the CEO, he’s going to be very repentant. He didn’t think he did a good job. And that the stock’s up. There is a bias today. Towards saying that things are a little bit better. This is not a bad day. . . So there is an element of forgiveness today that I want to note for the companies that are reporting.”