Take Your Position: Texas Instruments, CSX
The “Fast Money” pros weigh in on two companies reporting after the close today — Texas Instruments and CSX — in our feature called, “Take Your Positions.”
Vernon Essi of Needham & Co. had a “hold” rating on the stock.
“You’re not going to see a lot of upside on that March guide. It might be a little better than consensus, but nonetheless I think people are going to sell on the print,” he said, adding that the share price was “a little ahead of itself.”
Pete Najarian: “I actually think you could see that upside. We could see something closer to $40 over the next few months.”
Steve Grasso: “You don’t want to really overbuy at this point, but I would be buying it on dips.”
Mike Murphy: “We’re buyers of CSX here.”
Brian Kelly said he would buy, but added that second-derivative coal names were also worth a look.
Pete Najarian: “If you want a real upside, go to KSU instead of CSX.”
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