Results 1 to 7 of 7
They make railroad cars. The existing rolling stock is getting old, the price of trucking is going up and rail is less fuel sensitive. Buffet is in the rail companies, Soros just bought into RAIL. Technically coming off a bottom with excellent OBV, Breaking through 9mma looking at next resistance at 48.50 (which would be up 3% from here).
Just took the profits from WINN and put them here. Good luck to all who play it.
Liking RAIL here
"Trinity manufactures and sells railcars and railcar parts, inland barges, concrete and aggregates, highway products, beams and girders used in highway construction, tank containers and structural wind towers."
I like the pure domestic rail play of RAIL. Railroad cars only represent a fraction of the TRN business, and I am not as bullish on their other divisions.
RAIL being up into a down market is attractive here as well.
WAB is a good play in the sector as well, but skewed away from the cars to motive and subsystems.
Got in at 46.97...
I too believe that the fundies and TA are strong. The balance sheet shows a favorable increase in net receivables and total assests. The income statement is solid with both income before and after taxes increasing annually. EPS and Sales growth numbers are both extremely positive for this industry. Finally the P/E is very low and the dividends doubled in the last offering.
I have trolled this site for a few months and greatly value Aiki's picks. But, I think RAIL may not bethe best stock in this sector. Railways have been getting a lot of press this year, giant gains in the rail stocks, Alternative to expensive trucking, Berkshire, Cramer, etc... Through all this AND an amazing bull run we are having, the stock is down?! I wont try to fight the current on this one despite your amazing past performances Aiki.
First, Cramer sez he's not a chartist, yet most every stock he likes has an uptrend. He's not a really good stock picker (see the chimp). His best picks have been when he's been tipped off by his buddies at Goldman. I'll give him his due when he predicts the overall trend in the market, though.
2nd, from what date is this list? I know he's already turned on some of those stocks 180 degrees.
