Trader Tim Seymour said he likes the retailers with SPDR S&P Sector ETF (XRT) because the proposed border adjustment tax was not included as part of the administration's plan.
Shares of CSX are up 41 percent year to date and Union Pacific shares have climbed 23 percent in the last 6 months.
Trader Guy Adami said he likes Kansas City Southern as a name to get into because he expects the railway stock to move higher in the long term.
Shares of Kansas City Southern closed 4 percent lower on Wednesday and are down over 10 percent in the last 12 months.
Pete Najarian owns calls BAC, BUD, BZH, C, CHK, DAL, HAL, HMY, INTC, KMI, MDLZ, RF, TBT, TCK, UNP, VALE, WFM, WFT, WLL, XLNX, XLE. Pete is long stock AAP, AAPL, AMD, BAC, CL, DIS, DLTR, EBAY, EMR, GILD, GM, HUM, IBM, JWN, K, KO,KORS, KMX, LUX, MAR, MOS, MSFT, MRK, PFE, RL, STX, TMX, UNP, V, WDC, WFT.
Tim Seymour is long ABX, AAPL, APC, AVP, BAC, BBRY, C, CLF, CVX, DO, DVYE, EDC, EWN, EWZ, F, FB, FCX, FXI, GM, GOOGL, GE, INTC, LQD, MOS, MCD, MUR, OIH, PG, RACE, RAI, RH, RL, SINA, SQ,T, TWTR, VALE, VZ, XOM. short: EEM, SPY, XRT;Tim's firm is long ABX, BABA, BIDU, CBD, CLF, EEM, EWZ, F, KO, MCD, MPEL, NKE, PEP, PF, TCEHY, SAVE, SBUX, SINA, VALE, VIAB, WMT, WEN, X, YHOO, short EWG, HYG, IWM
Steve Grasso's firm is long stock AON, BX, CUBA, DIA, F, HES, ICE, KDUS, MAT, MFIN, MJNA, MSFT, NE, RIG, SNAP, SPY, SQBG, TITXF, UA, WDR, WPX, ZNGA. Grasso is long stock BABA, CHK, EEM, EVGN, GDX, KBH, MJNA, MO, MON, OLN, PHM, SQ, T, TWTR, VRX. Grasso's kids own EFA, EFG, EWJ, IJR, SPY. NO SHORTS.
Guy Adami is long CELG, EXAS, GDX, INTC. Adami's wife, Linda Snow, works at Merck.