Norfolk Southern's Valuation Amid Recent Price Shifts and Growth Prospects

Norfolk Southern (NSC) shares are trading near $288 after recent price shifts. The railroad industry's evolution and modest gains this month are catching investors' attention. Momentum appears to be building with a 1.33% gain over the past week and a 22.6% year-to-date share price return. Long-term investors have seen a 9.8% total shareholder return over the last year. The key question is whether Norfolk Southern remains undervalued at these levels or if the market has already factored in the company's future growth prospects.