Jim Cramer said on Mad Money that CSX Corporation is a great long-term investment, praising new CEO Steve Angel and predicting the stock could rise from $48 to $60. Cramer highlighted Angel's track record at Linde and noted that while a takeover is possible, investors should focus on improving fundamentals and lower spending. He also expressed optimism about the rail sector, mentioning Union Pacific as another favorite. Cramer cautioned against buying CSX solely on merger speculation but believes the business is set to improve dramatically this year.
CSX CorporationJim Cramer's bullish analyst call predicts stock rise to $60, citing improving fundamentals and lower spending.
Union Pacific Corporation