In any industry where company stock is bought and sold on the open market, there are basically two kinds of participants, each with different reasons for their interest in a particular stock: Investors and traders. Though the names are at times interchangeable, they often can mean two different things.
What's the difference?
After our cover story on CSX was published in the May issue, I heard from Prof. Edward F. Hums, Associate Professional Specialist in the Department of Accountancy at the University of Notre Dame Mendoza College of Business. You may recall Hums, who encourages his undergraduate students to research and report on railroad industry business practices ...