Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- CSX (NYSE: CSX) hit a new 52-week high Thursday as it is currently trading at $23.83, above its previous 52-week high of $23.80 with 4.6 million shares traded as of 1:07 p.m. ET. Average volume has been nine million shares over the past 30 days. CSX has a market cap of $23.87 billion and is part of the services sector and transportation industry. Shares are up 19.5% year to date as of the close of trading on Wednesday. CSX Corporation, together with its subsidiaries, provides rail-based transportation services. It offers traditional rail services, and transports intermodal containers and trailers. The company has a P/E ratio of 13.1, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates CSX as a buy. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full CSX Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.