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Enter Symbol:
 
Norfolk Souther Corporation (NSC) [hlAlert]

Rating:
Buy NSC
up 72.88 %

Norfolk Souther Corporation (NSC) rated Buy

Posted on: Sunday,  Feb 10, 2008  12:19 AM ET by Fast Money Pete Najarian

Fast Money Pete Najarian rated Buy Norfolk Souther Corporation (NYSE: NSC) on 01/22/2008, when the stock price was $45.07.
Since then, Norfolk Souther Corporation has gained 72.89% as of 01/28/2016's recent price of $77.92.
If you would have followed this Fast Money Pete Najarian's recommendation on NSC, you would have gained 72.88% of your investment in 2928 days.

Norfolk Southern Corporation (Norfolk Southern) controls a freight railroad, Norfolk Southern Railway Company. Norfolk Southern Railway Company is primarily engaged in the rail transportation of raw materials, intermediate products and finished goods primarily in the southeast, east and Midwest and, via interchange with rail carriers, to and from the rest of the United States. Norfolk Southern also transports overseas freight through several Atlantic and Gulf Coast ports. The Company provides logistics services and offers an intermodal network in the eastern half of the United States. Norfolk Southern and CSX Corporation (CSX) jointly own Conrail Inc. (Conrail), whose primary subsidiary is Consolidated Rail Corporation (CRC).

Pete Najarian, the Pit Boss, is ranked one of the top 100 traders by Trader Monthly magazine, is co-founder of optionMONSTER.com, a news and information site for options traders. Following a football career that included several seasons with the NFL's Tampa Bay Buccaneers and Minnesota Vikings, Najarian took up options trading in 1992 joining his brother, Jon ‘DRJ’ Najarian, at Mercury Trading, a market-making firm at the Chicago Board Options Exchange (CBOE). Two years later, he assumed responsibility for Mercury's risk and arbitrage and later led its entry onto the New York Stock Exchange (NYSE). He also led Mercury's joint venture with M.J. Meehan, the third largest specialist firm on the NYSE. From 2000 to 2004, Najarian served as president of Mercury, and helped execute its sale to Citadel, one of the world's largest hedge funds. During this period, Najarian chaired the Exemption Committee of the CBOE for three years and served as a floor official for eight terms. More recently, he has been a founding member of One Chicago, an electronic exchange committed to becoming the global leader in futures on individual stocks, narrow-based indexes, and ETFs. He is the co-founder of Hedgehog stock, options, and futures trading platform and together with brother Jon, co-developed the Heat Seeker™ and complementary programs for tracking unusual buying activity in stocks, options, and futures. Najarian is one of the 'Fast Money Five' on CNBC’s “Fast Money,” and also contributes to CBOE-TV, the exchange's popular webcast. Najarian graduated cum laude from the University of Minnesota with a degree in genetic engineering. The following stocks are owned by Pete Najarian based on the CNBC disclosures.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/22/2008 4:00 PM Buy
3 months
45.07
as of 12/24/2008
1 Week   
1 Month up  10.46 %
3 Months up  10.65 %
1 YTD down  -28.69 %

(*) Stock Price at the time of the recommendation.
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