In this week’s Barron’s my colleagues Leslie Norton and David Englander wrote bullish pieces on railroad CSX (CSX) and fast-food retailer Wendy’s (WEN); CSX is up about 3% today while Wendy’s is seeing a 3.6% gain. CSX should benefit from stabilized coal prices and cost-control measures it’s recently taken (not to mention share buybacks). Meanwhile, Wendy’s is undergoing a transformation that so far is showing a lot of promise.
I covered the stocks, as well as the falling VMware (VMW) — about which we were bearish — in this week’s Barron’s Bounce video:
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